TELEARUBA — broadcast
20260920 120000 UTC
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[00:00:00] There are unhappy people everywhere, surveys show
[00:00:03] that there is a wave of dissatisfaction and an increase in stress,
[00:00:06] sadness and frustration that is sweeping the world. In how
[00:00:10] to get out of the well, journalist Andrés Openheimer shares
[00:00:14] innovative strategies to combat unhappiness. It is
[00:00:17] already on sale in bookstores and online
[00:00:20] stores.
[00:00:29] We are. CNN. The World Leader in News.
[00:00:35] was insisted on again and again,
[00:00:47] what Hello, how are you? I'm José Antonio Montenegro, this is a global economy
[00:00:51] today, dedicating our time to
[00:00:54] electrification and specifically to how, despite the
[00:00:58] very strong attack that the fossil
[00:01:01] fuel industries are experiencing,
[00:01:04] it has the whole future of the world. There is
[00:01:08] no way that the process of
[00:01:11] advancement of electrification will stop. There are many reasons to support
[00:01:15] this advancement, this desire for
[00:01:18] the future to be of electrification and among them
[00:01:21] some of the most prominent ones
[00:01:24] we are unfortunately experiencing in these recent times, which are the
[00:01:28] interferences that all the geopolitical or
[00:01:32] devices that that that
[00:01:33] the data, ready for whatever global problems of oil in relation to our lives
[00:01:36] eh the dependence we have on oil
[00:01:40] is tyrannical and the world is increasingly determined to break
[00:01:43] that tyranny although it is a process that
[00:01:46] obviously requires a change of matrix from one type of energy
[00:01:50] to another, well, it is in
[00:01:54] process and it is underway and it has not stopped and it will
[00:01:58] not stop in an abrupt
[00:02:00] way,
[00:02:03] depend on, but in addition to these reasons for what
[00:02:06] in that change, that is, going faster in we are experiencing right now, there are fundamental reasons, reasons for the cost it has, reasons for
[00:02:09] its cleanliness, obviously, it is a clean energy,
[00:02:13] and for the employment it creates
[00:02:16] around its development and its
[00:02:20] expansion, it is definitely
[00:02:24] a matter of the future and that is why we want to put it
[00:02:27] into analysis, why have we... titled it ourselves, there is no
[00:02:31] turning back, that is what eh, in some way is
[00:02:34] there, the countries that are
[00:02:37] doing it that have embarked more on the issue of electrification and
[00:02:41] that have been doing it for some years are already receiving the
[00:02:44] benefits of that decision
[00:02:48] and we are also going to deal with those, the case
[00:02:51] of China is striking, of course, but also that of several European
[00:02:54] countries, but let's go to the analysis in detail with
[00:02:58] the help of the expert.
[00:03:00] who is our guest today eh Javier Sierra,
[00:03:03] expert in environmental issues and climate issues and who is already
[00:03:07] connected, Javier, thank you very much for being with
[00:03:09] us, thank you very much, José
[00:03:12] Antonio, and thanks
[00:03:16] for focusing now at the beginning
[00:03:19] on this title that we have given electrification, there is no turning
[00:03:23] back, is it so or are we being
[00:03:26] too optimistic, ah.
[00:03:30] Obviously there is no turning back, we are
[00:03:34] seeing unfortunately here in the United States it has become an international
[00:03:37] par from an energy
[00:03:39] yes, yes, it's clear, and what point of view, but it is unstoppable in the rest of the world, the United States
[00:03:42] is only one part of the international
[00:03:44] community, ah the reasons are very broad
[00:03:48] eh, well, we talked a bit about to eh electrify the economy,
[00:03:51] electrify not only from the consumer's point of view but also
[00:03:56] wind that occurs in from industry, from from the economy in general and
[00:03:59] one of the fundamental ones is how expensive dirty
[00:04:02] energy and polluting
[00:04:05] fossil fuel energy is, for example, energy
[00:04:08] inflation in the United States has grown almost
[00:04:11] 16% in the last 12 months and the
[00:04:15] war against Iran is the crucial reason, the price of gasoline has
[00:04:18] increased almost 27% and that of electricity 4%. Inflation in
[00:04:21] general has grown
[00:04:24] 3.5% in the last 12 months and the
[00:04:28] predictions are not at all rosy. Antonio due to the volatility in
[00:04:32] the Persian Gulf, for us Latinos the crisis
[00:04:34] gift, has started to run with is especially
[00:04:36] of the economy, due to the war acute, a study by Indiana University, for example, revealed that two out of
[00:04:40] five Latinos have not been able to pay one of their
[00:04:43] electricity bills and 18% of Latino
[00:04:47] consumers have had their electricity disconnected at some point, the energy
[00:04:51] burden on households for our people here in the United States
[00:04:55] is 20% higher than that of
[00:04:58] white households, for example. Electrification
[00:05:01] as an element of the
[00:05:03] made a historic leap in future has many, then we will go into
[00:05:07] detail of many advantages, as you said, from the cost to the jobs that...
[00:05:10] it creates, to the fact that it is an energy that is a process
[00:05:14] that is supported by a system of clean energies, renewable
[00:05:18] energies, eh, there is obviously
[00:05:21] a transition, that is not a change overnight,
[00:05:25] but the very strong attack that
[00:05:28] we are seeing from fossil fuels is
[00:05:32] delaying this, this is a process of
[00:05:35] delay that goes very far back in time,
[00:05:39] no, no, obviously, there are created
[00:05:41] interests, the oil industry was the most
[00:05:44] powerful in the world, the richest in the world, but what we have to
[00:05:48] take into account very, very much is that climate
[00:05:52] inaction is very expensive, I have a
[00:05:55] study by Bloomberg Intelligence that concluded months ago that since
[00:05:58] the year 2000, the damages due to the climate
[00:06:02] crisis in the United States alone amount to
[00:06:05] 7.7 trillion dollars, that is, trillions
[00:06:08] in English, where does
[00:06:12] this totally extravagant figure come from, especially from the
[00:06:16] very serious damages that the pollution from fossil
[00:06:19] fuels causes to the population, damages such as asthma,
[00:06:23] emphysema, coronary diseases, cancer and
[00:06:26] even premature death. These fuels emit tremendously
[00:06:29] toxic gases that generate particulate matter,
[00:06:32] something that is a particles that lodge in the
[00:06:36] most remote corners of the lungs causing these
[00:06:40] diseases, millions of Latinos in the United States live in the areas
[00:06:44] with the worst air quality in the country, which makes
[00:06:47] them especially vulnerable to these diseases, as I
[00:06:51] say, continuing on the path of dirty
[00:06:54] fuels is something very expensive,
[00:06:58] very expensive and ill-advised, and a strategy that can certainly already
[00:07:02] be seen, because enough time has already passed, I said in my brief
[00:07:05] introduction that there are countries like China that are already seeing
[00:07:08] the advances and progress, then we will talk more about that
[00:07:12] or some European countries, but it is evident that investing
[00:07:18] the transition, because I insist, it is not an overnight
[00:07:21] thing, but going faster in the transition of the model
[00:07:25] bears fruit and yields benefits, there are already
[00:07:29] examples, no, yes, of course there are examples all over the
[00:07:32] world, for several years now all over the world
[00:07:36] more clean and renewable energy has been installed than dirty
[00:07:39] energy, we are seeing this, as you well said, especially in
[00:07:42] Asia, China is leading this from a totally overwhelming
[00:07:46] point of view, we have given
[00:07:50] it, the United States has handed on a silver platter all the
[00:07:54] advantages for China to become the
[00:07:58] leader of the economy of the future, that's how we are, but in addition
[00:08:01] I want to insist, José Antonio, the costs of
[00:08:05] not
[00:08:09] electrifying energy, as the world economy
[00:08:12] passes through clean and renewable energy, Latin America is, along with
[00:08:16] Africa, the region that has contributed the least to the climate crisis
[00:08:19] and the one that is suffering the most due to its
[00:08:22] consequences, the region spends 4.5% of its
[00:08:25] GDP just to alleviate the impact of the
[00:08:28] crisis, an illness, pardon me, an enormity that
[00:08:32] leaves few resources to address the solutions to this problem,
[00:08:36] something similar happens in the Latino community in the United States, which is
[00:08:39] especially vulnerable to droughts, heat waves,
[00:08:42] forest fires, intense
[00:08:46] storms and their catastrophic consequences,
[00:08:52] you said about the economic impact, well, there are industries, specifically
[00:08:56] like that of electric cars, that are being
[00:08:59] lost to the future, because there, today, the leader
[00:09:03] absolutely above all other countries is China, and the
[00:09:06] prospects for the future, well, that reality can be changed, but
[00:09:10] it's very difficult, isn't it?
[00:09:13] Hmm, tell me a bit about that, we're going to have to go to a quick break, let's go
[00:09:17] quickly, once you grant a nation the
[00:09:20] technological advantage, the financial
[00:09:24] advantage and the political advantage
[00:09:27] to become the number one power
[00:09:31] from the point of view of the economy of the future, it is very
[00:09:35] difficult to recover that lost space, especially when you do it
[00:09:38] voluntarily, which is what is happening with the United States, it is
[00:09:41] doing it. to China on a silver platter, China has accepted the
[00:09:47] it and we are seeing that right now this country, we can talk a
[00:09:50] little more about it later, but let's say that it is
[00:09:54] truly amazing what these people are achieving, yes, yes, yes,
[00:09:57] no, definitely, although we will take a break, we will be back quickly and we will
[00:10:01] return just to continue delving into this, many advantages
[00:10:05] and very few drawbacks of
[00:10:07] electrification, we have titled it ourselves, when we return from a brief break,
[00:10:11] global economy,
[00:10:31] I am Mexican-British, I have been practicing
[00:10:35] journalism in Mexico City, in the United
[00:10:39] States and now in Miami for CNN. CNN
[00:10:43] America is a multiplatform program where you will
[00:10:46] have information from all areas that will allow you to
[00:10:50] understand the world from the angle you are looking at it from.
[00:10:54] In those three hours, you will not only have information from a
[00:10:57] political and economic perspective, but also
[00:11:00] health, from a women's perspective, but above all it is a
[00:11:04] space where we can have conversations not to
[00:11:07] polarize, but to integrate society,
[00:12:50] ready for the Department of Homeland Security, when there is a lot at stake,
[00:12:54] we eliminate the noise to inform you clearly about
[00:12:57] the issues and policies that impact you, from the decisions made in
[00:13:01] Washington, to their repercussions throughout the United
[00:13:04] States, Latin America and the world. At what point are
[00:13:08] relations with the United States? Relations between the United States
[00:13:12] and Cuba have always been abnormal. Direct
[00:13:15] USA is that window through which you can enter the United States
[00:13:18] and see what is happening in this country. We follow the
[00:13:22] story from all angles to
[00:13:26] bring you the facts directly, groups of migrants
[00:13:29] filed a lawsuit from our studios in Washington, I am Juan
[00:13:33] Carlos López, join me on Direct USA Monday to Friday
[00:13:37] on CNN. Hello again, Global Economy.
[00:13:53] We are today dedicating the program's time to
[00:13:57] electrification, that there is no turning back in electrification,
[00:14:01] an exercise, an analysis that we are doing
[00:14:05] with Javier Sierra, who is an expert on climate and
[00:14:07] environmental issues, and Javier, when we went to the break
[00:14:13] how China had advanced and how the United States was
[00:14:17] allowing that advance, but that is
[00:14:20] there and what one sees in countries like China or several
[00:14:23] European countries that also have made a big change in recent
[00:14:26] times, well, it's that there are many more
[00:14:30] advantages of electrification than
[00:14:33] the potential drawbacks, which are mainly that it is something
[00:14:37] new and that sometimes its implementation
[00:14:40] process is more
[00:14:42] difficult than things that have been around for
[00:14:46] no, look, let's
[00:14:49] take Spain as an example of the enormous advantages
[00:14:52] you were talking about. Talking about clean and renewable energy
[00:14:56] eh over dirty energy for the total electrification
[00:15:01] against Iran and the closure of the Strait of Hormuz, energy prices in
[00:15:04] Europe skyrocketed, well, in Europe, in the whole world,
[00:15:08] countries like Italy, Germany and the United Kingdom were paying
[00:15:12] more than €100 per MWh, while in
[00:15:16] Spain, for that amount of electricity,
[00:15:19] they paid about €30, why,
[00:15:23] because Spain since 2019 has
[00:15:28] the generation of clean renewable energy, especially solar and
[00:15:32] wind. Since 2021, clean and
[00:15:35] renewable energy has grown in Spain by almost 40%, which is a
[00:15:39] huge amount, this frees Spain from the disastrous
[00:15:43] fluctuations in the prices of fossil fuels, mostly
[00:15:47] from the Persian Gulf and other countries in continuous
[00:15:50] conflict. There are aspects, well, I mentioned it briefly,
[00:15:54] but one of the key factors is the number of
[00:15:58] jobs that are also created around renewable
[00:16:01] energies, right? Besides the fact that as you say it is much cheaper every time
[00:16:05] because there is also a false narrative that no, this is very
[00:16:09] expensive, this is when it started it was what
[00:16:13] well, afterwards we have seen that that is something that has to do with the beginnings
[00:16:16] of when renewables started, but now it is just the opposite,
[00:16:20] it is that electrification makes everything cheaper,
[00:16:24] but besides that it creates a series of a gigantic
[00:16:27] industrial environment
[00:16:31] and of development and of future
[00:16:34] that is priceless as job creation,
[00:16:37] no, no, no, not only job creation,
[00:16:41] José Antonio, ah, look, we are
[00:16:44] seeing it all over the world, let's talk about
[00:16:48] China a little more because it is really something truly
[00:16:51] amazing, look, eh, years ago,
[00:16:54] about 15 years ago more or less, China had a huge
[00:16:57] problem, a problem that really had
[00:17:00] it practically on its knees, in its northeast
[00:17:03] quadrant, that's where eh, practically
[00:17:06] the immense amount of heavy industry, the most polluting, is located, about
[00:17:10] 500 million people live there, just by living
[00:17:13] there they lost 5 years of life due to
[00:17:16] pollution, yes, this amounts to about
[00:17:19] 2.5 billion years, imagine the
[00:17:23] cost to healthcare in
[00:17:26] China in general that generated this
[00:17:30] enormity, these totally exorbitant expenses,
[00:17:33] and what did they do, they invested hundreds of billions of dollars year
[00:17:37] after year after year they set
[00:17:41] certain goals to reach where they are today, which is that they are
[00:17:45] completely overcoming what they still
[00:17:48] unfortunately have, but it is enormously reducing
[00:17:51] the eh what they had
[00:17:55] especially in clean energy from dirty energy like
[00:17:58] coal, which was fundamentally what China burned the most, and now what it is doing
[00:18:02] is replacing everything with clean renewable energy, so it is not only
[00:18:05] that the economy is growing enormously, but also that the health
[00:18:09] of the entire Chinese population is being protected
[00:18:12] and not only that, a third
[00:18:15] factor, we are reducing the
[00:18:18] global warming gases that accumulate in the atmosphere and
[00:18:22] are causing this climate crisis, we will have to go to
[00:18:26] a break, but when we return we will focus, we will do a little
[00:18:30] wrap-up of everything you have said, but we will focus on that aspect
[00:18:33] that from the point of view of health, from the point of view of the
[00:18:37] world... that we want from the point of view of economics
[00:18:40] that we all have a decent
[00:18:44] way of life, well, electrification
[00:18:46] is a key factor, stay with us, Global Economy.
[00:19:08] It was important to cover the trial of Genaro García Luna because this
[00:19:12] is the highest-ranking public official in Mexico
[00:19:15] to be tried and convicted in the United States
[00:19:18] for drug trafficking, it was
[00:19:21] incredible to be there to hear these
[00:19:24] testimonies and to be able to learn
[00:19:27] exactly how drug cartels
[00:19:30] operate and how they can operate with the
[00:19:34] support many times of government officials,
[00:19:38] covering a federal trial in the United States is always a difficult
[00:19:41] task, you have to get to court very
[00:19:45] early to secure a seat
[00:19:47] inside the courtroom, but also because cameras are not
[00:19:51] allowed to record what is happening in the room,
[00:19:55] so you have to take notes, imagine 8 hours
[00:19:58] taking notes of everything that is said, everything that happens to
[00:20:02] be able to report it to you.
[00:20:06] The complete story with Anderson Cooper, the best journalists from
[00:20:10] CNN share deeply documented stories.
[00:20:14] This is the story of Steve's
[00:20:17] apple. If I was to take up sports betting, what would your advice be to
[00:20:21] me? You believe the civil government should be guided and
[00:20:24] dictated by biblical law, right? How in the world did you survive this? The
[00:20:28] full force of that technology.
[00:20:31] The complete story with Anderson
[00:20:34] Cooper, on Sunday. Hello again Global
[00:22:45] Economy, we are talking about electrification and
[00:22:48] how there is no turning back in the process of electrification,
[00:22:52] no matter how much the fossil
[00:22:54] fuel industry tries to
[00:22:58] prevent it, we are doing it with Javier Sierra,
[00:23:01] an expert in climate and environmental issues, in this
[00:23:04] segment we said when we were going to the break before, Javier,
[00:23:08] that we wanted to do a little wrap-up, to ask you to
[00:23:12] put everything in one bucket and tell us, well, this
[00:23:16] is what we should do, this is the most
[00:23:20] difficult thing right now, these are the great threats, the great
[00:23:23] threats, eh, what are they, well, in a generic way,
[00:23:27] what I say about the attack of the fossil
[00:23:30] industries, old fossil industries, but what
[00:23:34] do we have to try to avoid with
[00:23:38] flexibility? I think we are seeing
[00:23:42] it every day, the consequences of the climate crisis, which
[00:23:45] unfortunately in some of its aspects is already
[00:23:48] irreversible. The extraordinary warming of the
[00:23:51] atmosphere, due to fossil fuel emissions,
[00:23:55] favors droughts, extreme
[00:23:58] heat that dries forests and turns them into
[00:24:01] tinder at the mercy of any spark that ignites disaster,
[00:24:05] the reason is that with the excessive warming of the atmosphere, winters every
[00:24:08] year are shorter and summers are longer, and winter
[00:24:12] already has a deficit of more than 70 days and summer, of
[00:24:16] course, a surplus of 70 days, only here. In
[00:24:20] North America, science warns us that we must put an end to dirty
[00:24:24] fuels that cause this tragedy and promote an economy of
[00:24:27] clean and renewable energy that has been proven again and
[00:24:31] again, it is the cheapest for the consumer,
[00:24:34] it is the cheapest to install, the fastest to
[00:24:37] install and also uses a, I'm going to call it, fuel that
[00:24:40] is free and inexhaustible, the sun's rays or the
[00:24:46] the atmosphere. What kind of growth in a
[00:24:50] situation in which, well, everyone collaborates
[00:24:52] as much as possible, which is not the situation today, but well,
[00:24:56] imagine that in a few years we are a little more
[00:25:00] convinced of the eh, well, of the dead
[00:25:03] end, which is this current strategy and that we put even
[00:25:07] more resources into changing the energy
[00:25:10] matrix, what, what, what is an
[00:25:13] ideal scenario, so to speak, that
[00:25:16] we should reach in another decade.
[00:25:21] I don't know if we have another decade, José Antonio, but I will tell you what
[00:25:25] would be a fundamental ingredient, fundamental for us to
[00:25:28] finally leave fossil
[00:25:32] fuels aside once and for all, end the
[00:25:35] subsidies, we are talking about trillions of
[00:25:38] dollars, 7 trillion dollars, that is, 7
[00:25:42] quadrillion dollars, there are so many zeros there that it is practically
[00:25:45] impossible to understand this
[00:25:48] figure, end with... the subsidies that
[00:25:51] the fossil fuel industry receives, not only here in the United
[00:25:55] States, but throughout the world, that's where we have to start and
[00:25:59] use those resources to promote clean
[00:26:03] and renewable energies that are already here, they are a
[00:26:06] reality, they are the cheapest, I repeat it again, because this must be repeated
[00:26:09] again and again, the cheapest not only for the country in general
[00:26:13] but for any particular consumer, that's where we have to
[00:26:16] start, the consumer,
[00:26:20] what can we, where can we
[00:26:22] go,
[00:26:24] where can we go, ah, obviously electrification as you say
[00:26:28] is the key, eh, let's say what the
[00:26:31] domestic appliances and the appliances that are available, I have an electric
[00:26:35] car, I have an electric car already, eh, thanks to the
[00:26:39] discounts I received from the federal government, they reduced it
[00:26:42] by 10,000, so, eh, especially now since the war
[00:26:46] started, for example, I fill it up, I'm charging
[00:26:50] it right now and that will last me a whole month and it will
[00:26:54] cost me between 25 and 27
[00:26:57] it's a pretty big car, a car of that
[00:27:01] size that runs on gasoline, it would cost me 60,
[00:27:05] 70, $80 to fill the fuel tank,
[00:27:09] the differences are huge, if you have
[00:27:13] what is called aerothermal energy at
[00:27:16] home instead of other traditional
[00:27:20] appliances, you are saving half of the energy you
[00:27:23] generate, either to heat the house or to cool it,
[00:27:27] any eh, all the eh, modern
[00:27:31] appliances come with... a series of
[00:27:35] save you a lot of money, so the solutions are already
[00:27:38] here from the consumer's point of view and from the macroeconomic point of view, it's time for a
[00:27:42] country to make decisions like Spain has made, like China
[00:27:46] is making to really leave behind the energies of the
[00:27:49] past with all their terrible consequences
[00:27:52] and open wide a clean,
[00:27:55] renewable energy economy that benefits us all, our
[00:27:59] health, our wallet and above all.
[00:28:03] the atmosphere we all
[00:28:06] what is clear is that the future will certainly not be tied to
[00:28:09] coal jobs or
[00:28:13] well, many of the oil fields we so often talk about
[00:28:17] and interested parties talk about in that narrative that they are there that
[00:28:20] there is a lot will remain underground because
[00:28:23] if eh if the future
[00:28:27] is allowed to advance and the for example, the advancement of technologies is talked about and we have to
[00:28:31] finish quickly also eh but of course, there is a lot of
[00:28:34] progress in terms of energy, but then for reasons
[00:28:38] of economic interests they don't want
[00:28:40] to substitute, that is, to complicate the change matrix, this
[00:28:44] that we have talked about for I don't know how many years, that well, if for
[00:28:48] a while there is oil, there is gas, I don't know what else, but we are entering, well,
[00:28:52] it is continuously interrupted for reasons of the
[00:28:55] most well, of little weight,
[00:28:59] well, we have to go, thank you very much Javier for having been with
[00:29:02] us and for having put on stage and in front of
[00:29:06] our eyes this situation that is so easy to
[00:29:10] resolve, but in which there is optimism and that indeed there is
[00:29:13] no turning back, thank you very much, thank
[00:29:17] you, Antonio, greetings, it was Javier Sierra,
[00:29:20] expert in climate and
[00:29:23] environmental issues, thank you of course for
[00:29:27] your kindness to allow us into your
[00:29:30] homes every week and you know, if you want we are for
[00:29:34] more in 7 days, global
[00:29:37] economy, a big hug,
[00:29:59] we are CNN, the world leader in news.
[00:30:15] Only bread, bed and soap, nothing else for
[00:30:18] asylum seekers, was the slogan in 2024 by the
[00:30:22] German radical right that today re-edit and
[00:30:25] radicalize, AfD says: for the
[00:30:29] children of irregular immigrants, separate schools
[00:30:33] for refugees, areas away from the general
[00:30:37] population, establishments with foreigners must pay to
[00:30:40] guard them, because they claim that they increase violence,
[00:30:44] it is an alternative for Germany that triumphed in the
[00:30:47] local elections of Saxony Anhalt, with its leader
[00:30:51] Ulrich Segmund, who aims to give a friendlier face to a
[00:30:55] group accused by the German Evangelical Church of
[00:30:58] wanting to destroy the...