51 billion tons per year x $100 per ton = $5.1 trillion per year

When you cover land with water, if there’s a lot of carbon in the soil, the carbon eventually turns into methane and escapes into the atmosphere—which is why studies show that depending on where it’s built, a dam can actually be a worse emitter than coal for 50 to 100 years before it makes up for all the methane it’s responsible for.*2

The main reason it’s so cheap is that fossil fuels are cheap. They’re widely available, and we’ve developed better and more efficient ways to extract them and turn them into electricity. Governments also go to considerable effort to keep the prices of fossil fuels low and encourage their production.

Tip: Whenever you hear “kilowatt,” think “house.” “Gigawatt,” think “city.” A hundred or more gigawatts, think “big country.”

The world is not exactly lacking in rich men with big ideas about what other people should do, or who think technology can fix any problem. And I own big houses and fly in private planes—in fact, I took one to Paris for the climate conference—so who am I to lecture anyone on the environment?

Finally, after a disaster, there’s the recovery period. We’ll need to plan for services for people who’ve been displaced—services like health care and education—as well as insurance that helps people at all income levels rebuild and standards to ensure that whatever gets rebuilt is more climate-proof than what was there before.

Here’s a summary of all five tips: Convert tons of emissions to a percentage of 51 billion. Remember that we need to find solutions for all five activities that emissions come from: making things, plugging in, growing things, getting around, and keeping cool and warm. Kilowatt = house. Gigawatt = mid-size city. Hundreds of gigawatts = big, rich

Reduce your home’s emissions.

Without that demand signal, the innovations that governments and businesses invest in will stay on the shelf. Or they won’t get developed in the first place, because there’s no economic incentive to make them.