in this video we explore energy and the
environment
you'll see why fossil fuels our history
and how we'll provide clean energy and
water for the entire planet and how
we'll clean up
the toxic waste we've accumulated too so
let's get started where are we going to
get the energy to do all this stuff well
let's talk about energy and
environmental remediation what we're
recognizing is the toxic sludge is made
from atoms so let's rearrange the atoms
and turn toxic sludge into a harmless
inert chemical in Japan landfills they
have a 20-year supply of gold and other
materials enough to meet the needs of
the entire world so let's transform
waste into value take a look at the smog
free project going underway launched in
2015 in Rotterdam it's the largest air
purifier in the world it's a tower
twenty three feet tall it collects the
pollution from the air and it not only
removes it it compresses it into tiny
cubes that they use to make jewelry out
of how cool is that there are more
towers planned in cities around the
world
how about energy creation well forget
about fossil fuels
that's so 20th century it's the Sun
that's going to be the key provider of
energy for our planet the Sun produces
10,000 times of our needs on a global
basis so in other words it produces way
more energy than will ever be able to
use in the deserts of North Africa solar
power can supply 40 times the world's
demand a square meter of Sun in the
desert is the same as one and a half
million barrels of oil and 300 tons of
coal the cost of solar is dropping this
is why you didn't see solar and still
don't today see solar is a big deal
because it's so expensive in 1984 it was
$30 a kilowatt hour by 2014 was down to
16 cents a 200x improvement
in 20 years and it's continuing to get
cheaper thanks to Moore's law look
what's going on at a major airport in
India one and a half million square feet
of terminals 2.3 million passengers a
year 45 acres of solar panels look at
the terminal buildings they're there
what you're looking at in the foreground
are the solar panels the terminal
buildings in the runway are smaller much
smaller in comparison this is going to
cut 300,000 tons of carbon emissions
over 25 years the cost of solar is
dropping 50% every 24 months by 2040 we
will be producing 100 percent of the
world's needs from solar by 2040 - it'll
be two hundred percent because the cost
is dropping 50% every 24 months by 2044
it'll be 400 percent by 2046 eight
hundred percent this again is the power
of compounding it's not enough to
produce the energy you then have to
store it for future use
well that means battery technology is
vital batteries of the future will be
using sodium and water instead of
lithium releasing energy evenly safe
enough to eat cheap quiet no maintenance
lasting decades the price of
photovoltaic cells are dropping 60%
since 2001 soon it'll be cheaper than
oil even if oil is ten bucks a barrel
developers at MIT and Samsung have built
an almost perfect battery rechargeable
never wears out can't overheat 30%
smaller than current batteries pretty
exciting stuff isn't it not if you're in
the power business Edison Electric
Institute says utilities face the risk
of declining retail sales loss of
customers potential obsolescence let's
move on to water worldwide nearly a
billion people lack access to clean
water unsafe water kills 200 children
every hour and it's responsible for half
of the world's hospital admissions 358
million people in Africa lack access to
safe drinking water so let me share with
you one potential solution comes from
Carnegie Mellon
researchers they have created a solution
that they call the drinkable book each
page is a filter you simply pour
contaminated water through it and out
comes pure drinkable water kills almost
a hundred percent of the bacteria and
it's equal in safety to the water you
get from the tap in a U.S. home each page
lasts a month each book meets a person's
drinking water needs for four years and
the pages cost pennies to produce so
it's one way we're able to bring safe
drinking water to people around the
planet and the planets an issue because
we only access right now 1/3 of 1% of
the Earth's water and that's why we have
to focus on desalinization in Israel
they opened the world's largest
desalinization plant in 2013 when it's
finally finished in 2020 it will provide
10 percent of Israel's drinking water
and 20 percent of all of Israel's
water consumption right now 70% of human
water use is done is used for
agriculture hydroponics is a solution
plants grow in a nutrient solution
without soil increases water efficiency
70% aeroponics is even 70% more
efficient than hydroponics aeroponic
plants are suspended in midair they get
a nutrient-rich mist and it's cutting
water use by 91% take a look at that
building in New York a single 30-story
building could feed 50,000 people a year
this is already in place there's an old
steel factory in Newark New Jersey it's
now the world's largest vertical farm it
grows over 200,000 pounds of produce a
year that's 70 type 5 times more
productive than a traditional farm of
similar size it recycles materials it
uses a lighting system uses less energy
it requires no soil needs only 5% as
much water as traditional farms and it's
pesticide free the mist is packed with
nutrients and oxygen the full crop cycle
is just 16 days and here is one of my
favorites
the toilet toilets use 31% of all the
water in the US a 1.25 gallon leak
occurs from every toilet every year in
the United States it's the nation's
biggest water waster the Bill and
Melinda Gates Foundation is working on a
solution their goal is to improve the
age-old toilet it's the 21st century
toilet and here's a prototype it's
amazing how it works let me explain to
you why this is such a big deal you know
you save yourself you know why do we
need a new and improved toilet okay we
got water waste and so on but it's not
it's a much bigger deal in Africa and
here's why you've got villages in Africa
where there is no electricity there's no
running water
no paved roads these folks are living in
huts and they have no heat they have no
electricity well how do they cook how do
they heat their huts well the children
go off into the fields looking for
animal dung this takes hours it prevents
the children from going to school they
collect the dung they bring it back to
the hut mom uses it to cook sets the
dung on fire uses it to cook and to heat
the hut there's one big problem though
burning animal dung is extraordinarily
toxic and more people die in Africa of
respiratory disease than any other
single cause what choice do they have
well here's a choice we bring in the new
21st century toilet it is completely
self-contained it has no pipes and no
septic system no sewers of any kind the
system burns the feces and flash
evaporates the urine everything is
sterilized the result is that you now
have fertilizer for growing crops table
salt fresh water and enough electricity
to power
home for about a nickel a day it reduces
disease and now creates economic freedom
the children don't have to spend hours
looking for a fuel they can go to school
the parents can go to work imagine the
impact on the rising billion the billion
of our planet who are at the lowest
level of the economic spectrum who live
on a dollar a day imagine the impact on
them as a result of a 21st century
toilet it's one of the personal finance
implications of all of these changes in
energy and the environment well you can
expect energy costs to continue dropping
but you're going to want to refurbish
your home to take advantage of this
solar panels and the like and that will
be expensive number two I don't see any
real reason to be buying specifically
utility stocks these days because
utilities which are using fossil fuels
nuclear energy and other sources are
fast becoming obsolete and obsolete is
what we want to help you avoid as we
explore the truth about your future
that's it for this video in our next
video we examine Education College is
broken with students spending massive
amounts incurring huge debts to get
degrees that don't prepare them for the
future this series is based on my New
York Times bestseller The Truth About
Your Future the money guide you need now
later and much later if at any point you
have any questions you can send them to
me
by visiting TheTruthAboutYourFuture.com
thanks for watching