If you want to win over people who actually understand the issues, I’d suggest not using idiotic tripe like that as an argument.
Summarizing the point of the video: “We’ve invented things before. So we can get rid of fossil fuel and invent something else.”
He then makes the claim that we can get rid of fossil fuel for about 1% of GDP. But the video offers no cite for this. I’m heavily skeptical of such numbers, because the environmental movement has a habit of playing extremely fast and loose with their suppositions and claims.
Remember “green jobs?” Remember the ‘studies’ that showed you could transition to a ‘green’ economy, create jobs in the process, and actually improve the economy? It was a total crock made up out of whole cloth, but almost everyone on the left from the people on this board to the President of the United States adopted it as a mantra. The stimulus blew billions of dollars on ‘green jobs’. And what happened? Exactly what some of us of said would happen - it totally failed. Of course, at the time we were called liars and deniers for disagreeing about that, too.
So where does that 1% figure come from? As near as I can tell, the ‘analysis’ is based on a claim about economic performance under various carbon reduction schemes, and therefore offsets the up-front costs with supposed savings from the prevention of losses due to global warming. The analysis also seems to consider the cost purely on the basis of carbon taxes (i.e. the carbon tax might be 2% of GDP, and will save 1% of GDP in the long term, thus the total cost is only 1% of GDP).
If that’s the case, it’s a ridiculous claim. The cost of a tax is not necessarily just the tax - the tax can act as a catalyst that reduces economic output by much more than the cost of the tax. The assumption is also that the tax will be perfectly efficient in reducing carbon output, but in reality taxes are co-opted by rent-seekers, exemptions are given, tax avoidance takes place (i.e. heavy industry moving to China), etc.
In any event, trying to model economic performance of the global economy decades into the future like that is little more than snake oil. We have no capability for doing that. Just for fun, go see how accurate the CBO’s 10 year predictions of GDP have worked out historically.
Also, the video uses public sanitation as an example of a mass shift towards a cleaner technology that cost more money. But it’s a totally useless analogy. Public sanitation advanced quickly because it provided an immediate measurable effect on the quality of life of the people paying for it. People demanded it for immediate, tangible reasons that affected everyone. It’s more akin to the development of the motorcar in that respect. We spent a ton of money on new infrastructure then, too. But we did it because that’s what everyone wanted, and that they valued it enough to spend a significant fraction of their income on it.
Climate change policies are not like that at all. The money collected is not obviously spent on things that people want. The claims of damage are for decades in the future, but the demand for sacrifice is immediate. The demands for action include handing over a significant amount of political and economic power to people of suspicious motives and to organizations outside of democratic control. Not everyone who is being taxed will even benefit from carbon reductions. Some northern countries would actually benefit. Growing seasons would be longer in the grain belt. The people who are going to get hammered most are the ones with the least amount of political power.
That’s not a recipe for global action. Using the rise of public sanitation as an analogy completely misses the key factors in the debate. The biggest being the fact that oil is a fungible, global resource, and therefore unilateral reductions in consumption will simply drive down the price of oil and increase the comparative advantage of cheap energy, stimulating consumption elsewhere - possibly in places with lower energy efficiencies. Shifting heavy industry from the U.S. to China may not be in the environment’s best interest, y’know?