0:00:00.273,0:00:04.298
We are at a remarkable moment in time.

0:00:04.298,0:00:07.234
We face over the next two decades

0:00:07.234,0:00:09.300
two fundamental transformations

0:00:09.300,0:00:12.342
that will determine whether the next 100 years

0:00:12.342,0:00:16.527
is the best of centuries or the worst of centuries.

0:00:16.527,0:00:19.249
Let me illustrate with an example.

0:00:19.249,0:00:22.523
I first visited Beijing 25 years ago

0:00:22.523,0:00:25.549
to teach at the People's University of China.

0:00:25.549,0:00:28.485
China was getting serious about market economics

0:00:28.485,0:00:30.824
and about university education,

0:00:30.824,0:00:35.315
so they decided to call in the foreign experts.

0:00:35.315,0:00:36.920
Like most other people,

0:00:36.920,0:00:39.736
I moved around Beijing by bicycle.

0:00:39.736,0:00:41.930
Apart from dodging the occasional vehicle,

0:00:41.930,0:00:45.237
it was a safe and easy way to get around.

0:00:45.237,0:00:46.601
Cycling in Beijing now

0:00:46.601,0:00:49.422
is a completely different prospect.

0:00:49.422,0:00:52.565
The roads are jammed by cars and trucks.

0:00:52.565,0:00:54.364
The air is dangerously polluted

0:00:54.364,0:00:57.976
from the burning of coal and diesel.

0:00:57.976,0:01:00.114
When I was there last in the spring,

0:01:00.114,0:01:02.892
there was an advisory for people of my age —

0:01:02.892,0:01:05.322
over 65 —

0:01:05.322,0:01:08.191
to stay indoors and not move much.

0:01:08.191,0:01:10.125
How did this come about?

0:01:10.125,0:01:12.545
It came from the way in which

0:01:12.545,0:01:14.810
Beijing has grown as a city.

0:01:14.810,0:01:17.270
It's doubled over those 25 years, more than doubled,

0:01:17.270,0:01:19.446
from 10 million to 20 million.

0:01:19.446,0:01:21.139
It's become a sprawling urban area

0:01:21.139,0:01:25.498
dependent on dirty fuel, dirty energy,

0:01:25.498,0:01:27.321
particularly coal.

0:01:27.321,0:01:31.596
China burns half the world's coal each year,

0:01:31.596,0:01:35.510
and that's why, it is a key reason why,

0:01:35.510,0:01:37.535
it is the world's largest emitter

0:01:37.535,0:01:40.449
of greenhouse gases.

0:01:40.449,0:01:42.563
At the same time, we have to recognize

0:01:42.563,0:01:45.747
that in that period China has grown remarkably.

0:01:45.747,0:01:48.188
It has become the world's second largest economy.

0:01:48.188,0:01:49.657
Hundreds of millions of people

0:01:49.657,0:01:51.822
have been lifted out of poverty.

0:01:51.822,0:01:53.903
That's really important.

0:01:53.903,0:01:56.220
But at the same time, the people of China

0:01:56.220,0:01:57.820
are asking the question:

0:01:57.820,0:01:59.400
What's the value of this growth

0:01:59.400,0:02:01.525
if our cities are unlivable?

0:02:01.525,0:02:03.837
They've analyzed, diagnosed

0:02:03.837,0:02:07.177
that this is an unsustainable path of growth

0:02:07.177,0:02:09.303
and development.

0:02:09.303,0:02:11.632
China's planning to scale back coal.

0:02:11.632,0:02:17.493
It's looking to build its cities in different ways.

0:02:17.493,0:02:19.326
Now, the growth of China

0:02:19.326,0:02:23.050
is part of a dramatic change, fundamental change,

0:02:23.050,0:02:25.817
in the structure of the world economy.

0:02:25.817,0:02:28.539
Just 25 years ago, the developing countries,

0:02:28.539,0:02:30.429
the poorer countries of the world,

0:02:30.429,0:02:34.355
were, notwithstanding being[br]the vast majority of the people,

0:02:34.355,0:02:36.178
they accounted for only about a third

0:02:36.178,0:02:38.170
of the world's output.

0:02:38.170,0:02:39.914
Now it's more than half;

0:02:39.914,0:02:42.885
25 years from now, it will probably be two thirds

0:02:42.885,0:02:45.990
from the countries that we saw 25 years ago

0:02:45.990,0:02:47.266
as developing.

0:02:47.266,0:02:48.864
That's a remarkable change.

0:02:48.864,0:02:51.266
It means that most countries around the world,

0:02:51.266,0:02:53.325
rich or poor, are going to be facing

0:02:53.325,0:02:55.305
the two fundamental transformations

0:02:55.305,0:02:58.490
that I want to talk about and highlight.

0:02:58.490,0:03:00.503
Now, the first of these transformations

0:03:00.503,0:03:03.110
is the basic structural change

0:03:03.110,0:03:04.850
of the economies and societies

0:03:04.850,0:03:06.880
that I've already begun to illustrate

0:03:06.880,0:03:10.390
through the description of Beijing.

0:03:10.390,0:03:13.349
Fifty percent now in urban areas.

0:03:13.349,0:03:16.960
That's going to go to 70 percent in 2050.

0:03:16.960,0:03:19.221
Over the next two decades, we'll see

0:03:19.221,0:03:22.134
the demand for energy rise by 40 percent,

0:03:22.134,0:03:26.108
and the growth in the economy and in the population

0:03:26.108,0:03:29.090
is putting increasing pressure on our land,

0:03:29.090,0:03:32.956
on our water and on our forests.

0:03:32.956,0:03:36.241
This is profound structural change.

0:03:36.241,0:03:37.816
If we manage it in a negligent

0:03:37.816,0:03:40.435
or a shortsighted way,

0:03:40.435,0:03:44.301
we will create waste, pollution, congestion,

0:03:44.301,0:03:47.851
destruction of land and forests.

0:03:47.851,0:03:50.179
If we think of those three areas that I have illustrated

0:03:50.179,0:03:53.902
with my numbers — cities, energy, land —

0:03:53.902,0:03:55.781
if we manage all that badly,

0:03:55.781,0:03:57.862
then the outlook for the lives and livelihoods

0:03:57.862,0:03:59.673
of the people around the world

0:03:59.673,0:04:02.666
would be poor and damaged.

0:04:02.666,0:04:04.488
And more than that,

0:04:04.488,0:04:07.796
the emissions of greenhouse gases would rise,

0:04:07.796,0:04:11.677
with immense risks to our climate.

0:04:11.677,0:04:13.724
Concentrations of greenhouse gases

0:04:13.724,0:04:16.642
in the atmosphere are already

0:04:16.642,0:04:20.276
higher than they've been for millions of years.

0:04:20.276,0:04:23.914
If we go on increasing those concentrations,

0:04:23.914,0:04:27.288
we risk temperatures over the next century or so

0:04:27.288,0:04:28.905
that we have not seen on this planet

0:04:28.905,0:04:32.110
for tens of millions of years.

0:04:32.110,0:04:34.236
We've been around as Homo sapiens —

0:04:34.236,0:04:37.407
that's a rather generous definition, sapiens —

0:04:37.407,0:04:40.210
for perhaps a quarter of a million[br]years, a quarter of a million.

0:04:40.210,0:04:41.441
We risk temperatures we haven't seen

0:04:41.441,0:04:46.180
for tens of millions of years over a century.

0:04:46.180,0:04:48.250
That would transform the relationship

0:04:48.250,0:04:52.479
between human beings and the planet.

0:04:52.479,0:04:57.130
It would lead to changing deserts,

0:04:57.130,0:05:00.320
changing rivers, changing patterns of hurricanes,

0:05:00.320,0:05:01.558
changing sea levels,

0:05:01.558,0:05:04.201
hundreds of millions of people,

0:05:04.201,0:05:07.430
perhaps billions of people who would have to move,

0:05:07.430,0:05:09.353
and if we've learned anything from history,

0:05:09.353,0:05:11.665
that means severe and extended conflict.

0:05:11.665,0:05:13.543
And we couldn't just turn it off.

0:05:13.543,0:05:15.973
You can't make a peace treaty with the planet.

0:05:15.973,0:05:18.200
You can't negotiate with the laws of physics.

0:05:18.200,0:05:19.915
You're in there. You're stuck.

0:05:19.915,0:05:21.591
Those are the stakes we're playing for,

0:05:21.591,0:05:24.313
and that's why we have to make[br]this second transformation,

0:05:24.313,0:05:25.953
the climate transformation,

0:05:25.953,0:05:28.336
and move to a low-carbon economy.

0:05:28.336,0:05:30.714
Now, the first of these transformations

0:05:30.714,0:05:31.795
is going to happen anyway.

0:05:31.795,0:05:33.644
We have to decide whether to do it well or badly,

0:05:33.644,0:05:36.462
the economic, or structural, transformation.

0:05:36.462,0:05:38.352
But the second of the transformations,

0:05:38.352,0:05:42.466
the climate transformations, we have to decide to do.

0:05:42.466,0:05:44.685
Those two transformations face us

0:05:44.685,0:05:46.858
in the next two decades.

0:05:46.858,0:05:50.071
The next two decades are decisive

0:05:50.071,0:05:52.786
for what we have to do.

0:05:52.786,0:05:54.305
Now, the more I've thought about this,

0:05:54.305,0:05:56.409
the two transformations coming together,

0:05:56.409,0:05:57.956
the more I've come to realize

0:05:57.956,0:06:00.908
that this is an enormous opportunity.

0:06:00.908,0:06:03.135
It's an opportunity which we can use

0:06:03.135,0:06:06.532
or it's an opportunity which we can lose.

0:06:06.532,0:06:09.255
And let me explain through those three key areas

0:06:09.255,0:06:11.965
that I've identified: cities, energy and land.

0:06:11.965,0:06:14.019
And let me start with cities.

0:06:14.019,0:06:18.052
I've already described the problems of Beijing:

0:06:18.052,0:06:20.898
pollution, congestion, waste and so on.

0:06:20.898,0:06:24.588
Surely we recognize that in many of our cities

0:06:24.588,0:06:25.847
around the world.

0:06:25.847,0:06:28.772
Now, with cities, like life but particularly cities,

0:06:28.772,0:06:31.836
you have to think ahead.

0:06:31.836,0:06:33.250
The cities that are going to be built —

0:06:33.250,0:06:35.406
and there are many, and many big ones —

0:06:35.406,0:06:36.870
we have to think of how to design them

0:06:36.870,0:06:38.221
in a compact way

0:06:38.221,0:06:41.664
so we can save travel time [br]and we can save energy.

0:06:41.664,0:06:45.579
The cities that already are [br]there, well established,

0:06:45.579,0:06:48.650
we have to think about renewal[br]and investment in them

0:06:48.650,0:06:51.428
so that we can connect ourselves much better

0:06:51.428,0:06:53.820
within those cities, and make it easier,

0:06:53.820,0:06:57.411
encourage more people, to live closer to the center.

0:06:57.411,0:06:59.821
We've got examples building around the world

0:06:59.821,0:07:02.113
of the kinds of ways in which we can do that.

0:07:02.113,0:07:06.131
The bus rapid transport system in Bogotá in Colombia

0:07:06.131,0:07:08.763
is a very important case of how to move around

0:07:08.763,0:07:11.333
safely and quickly in a non-polluting way

0:07:11.333,0:07:14.528
in a city: very frequent buses,

0:07:14.528,0:07:17.465
strongly protected routes, the same service, really,

0:07:17.465,0:07:19.556
as an underground railway system,

0:07:19.556,0:07:21.367
but much, much cheaper

0:07:21.367,0:07:23.775
and can be done much more quickly,

0:07:23.775,0:07:25.670
a brilliant idea in many more cities

0:07:25.670,0:07:27.706
around the world that's developing.

0:07:27.706,0:07:29.607
Now, some things in cities do take time.

0:07:29.607,0:07:32.660
Some things in cities can happen much more quickly.

0:07:32.660,0:07:34.764
Take my hometown, London.

0:07:34.764,0:07:40.052
In 1952, smog in London killed 4,000 people

0:07:40.052,0:07:42.746
and badly damaged the lives of many, many more.

0:07:42.746,0:07:44.096
And it happened all the time.

0:07:44.096,0:07:46.598
For those of you live outside London in the U.K.

0:07:46.598,0:07:48.791
will remember it used to be called The Smoke.

0:07:48.791,0:07:50.467
That's the way London was.

0:07:50.467,0:07:52.549
By regulating coal, within a few years

0:07:52.549,0:07:55.637
the problems of smog were rapidly reduced.

0:07:55.637,0:07:57.192
I remember the smogs well.

0:07:57.192,0:07:59.915
When the visibility dropped to [less] than

0:07:59.915,0:08:01.908
a few meters,

0:08:01.908,0:08:03.764
they stopped the buses and I had to walk.

0:08:03.764,0:08:05.822
This was the 1950s.

0:08:05.822,0:08:09.720
I had to walk home three miles from school.

0:08:09.720,0:08:13.289
Again, breathing was a hazardous activity.

0:08:13.289,0:08:15.967
But it was changed. It was changed by a decision.

0:08:15.967,0:08:19.136
Good decisions can bring good results,

0:08:19.136,0:08:21.501
striking results, quickly.

0:08:21.501,0:08:24.494
We've seen more: In London, we've[br]introduced the congestion charge,

0:08:24.494,0:08:27.200
actually quite quickly and effectively,

0:08:27.200,0:08:28.820
and we've seen great improvements

0:08:28.820,0:08:32.782
in the bus system, and cleaned up the bus system.

0:08:32.782,0:08:35.902
You can see that the two[br]transformations I've described,

0:08:35.902,0:08:37.858
the structural and the climate,

0:08:37.858,0:08:40.490
come very much together.

0:08:40.490,0:08:43.423
But we have to invest. We have to invest in our cities,

0:08:43.423,0:08:45.956
and we have to invest wisely, and if we do,

0:08:45.956,0:08:50.492
we'll see cleaner cities, quieter cities, safer cities,

0:08:50.492,0:08:53.149
more attractive cities, more productive cities,

0:08:53.149,0:08:55.916
and stronger community in those cities —

0:08:55.916,0:08:58.164
public transport, recycling, reusing,

0:08:58.164,0:09:02.213
all sorts of things that bring communities together.

0:09:02.213,0:09:04.070
We can do that, but we have to think,

0:09:04.070,0:09:06.350
we have to invest, we have to plan.

0:09:06.350,0:09:08.521
Let me turn to energy.

0:09:08.521,0:09:11.743
Now, energy over the last 25 years

0:09:11.743,0:09:13.979
has increased by about 50 percent.

0:09:13.979,0:09:16.596
Eighty percent of that comes from fossil fuels.

0:09:16.596,0:09:18.254
Over the next 20 years,

0:09:18.254,0:09:22.030
perhaps it will increase by another 40 percent or so.

0:09:22.030,0:09:24.564
We have to invest strongly in energy,

0:09:24.564,0:09:27.838
we have to use it much more efficiently,

0:09:27.838,0:09:29.526
and we have to make it clean.

0:09:29.526,0:09:30.856
We can see how to do that.

0:09:30.856,0:09:32.760
Take the example of California.

0:09:32.760,0:09:35.370
It would be in the top 10 countries in the world

0:09:35.370,0:09:37.913
if it was independent.

0:09:37.913,0:09:40.478
I don't want to start any —

0:09:40.478,0:09:43.976
(Laughter)

0:09:43.976,0:09:45.821
California's a big place.

0:09:45.821,0:09:47.869
(Laughter)

0:09:47.869,0:09:50.610
In the next five or six years,

0:09:50.610,0:09:53.324
they will likely move from

0:09:53.324,0:09:55.563
around 20 percent in renewables —

0:09:55.563,0:09:57.320
wind, solar and so on —

0:09:57.320,0:09:59.793
to over 33 percent,

0:09:59.793,0:10:02.232
and that would bring California back

0:10:02.232,0:10:04.765
to greenhouse gas emissions in 2020

0:10:04.765,0:10:06.722
to where they were in 1990,

0:10:06.722,0:10:08.466
a period when the economy in California

0:10:08.466,0:10:09.898
would more or less have doubled.

0:10:09.898,0:10:11.348
That's a striking achievement.

0:10:11.348,0:10:12.831
It shows what can be done.

0:10:12.831,0:10:16.138
Not just California — the [br]incoming government of India

0:10:16.138,0:10:19.164
is planning to get solar technology

0:10:19.164,0:10:20.536
to light up the homes

0:10:20.536,0:10:22.246
of 400 million people

0:10:22.246,0:10:24.311
who don't have electricity in India.

0:10:24.311,0:10:26.791
They've set themselves a target of five years.

0:10:26.791,0:10:30.020
I think they've got a good chance of doing that.

0:10:30.020,0:10:32.679
We'll see, but what you're seeing now

0:10:32.679,0:10:34.990
is people moving much more quickly.

0:10:34.990,0:10:36.724
Four hundred million, more than the population

0:10:36.724,0:10:38.850
of the United States.

0:10:38.850,0:10:40.943
Those are the kinds of ambitions now

0:10:40.943,0:10:42.649
people are setting themselves

0:10:42.649,0:10:47.129
in terms of rapidity of change.

0:10:47.129,0:10:49.099
Again, you can see

0:10:49.099,0:10:50.880
good decisions can bring quick results,

0:10:50.880,0:10:53.913
and those two transformations,[br]the economy and the structure

0:10:53.913,0:10:55.904
and the climate and the low carbon,

0:10:55.904,0:10:58.447
are intimately intertwined.

0:10:58.447,0:11:00.269
Do the first one well, the structural,

0:11:00.269,0:11:02.250
the second one on the climate

0:11:02.250,0:11:05.432
becomes much easier.

0:11:05.432,0:11:07.221
Look at land,

0:11:07.221,0:11:09.809
land and particularly forests.

0:11:09.809,0:11:12.869
Forests are the hosts to valuable

0:11:12.869,0:11:15.398
plant and animal species.

0:11:15.398,0:11:17.746
They hold water in the soil

0:11:17.746,0:11:20.664
and they take carbon dioxide out of the atmosphere,

0:11:20.664,0:11:23.733
fundamental to the tackling of climate change.

0:11:23.733,0:11:25.965
But we're losing our forests.

0:11:25.965,0:11:28.792
In the last decade, we've lost a forest area

0:11:28.792,0:11:30.935
the size of Portugal,

0:11:30.935,0:11:33.398
and much more has been degraded.

0:11:33.398,0:11:35.153
But we're already seeing

0:11:35.153,0:11:37.560
that we can do so much about that.

0:11:37.560,0:11:39.597
We can recognize the problem, but we can also

0:11:39.597,0:11:41.711
understand how to tackle it.

0:11:41.711,0:11:44.366
In Brazil, the rate of deforestation

0:11:44.366,0:11:46.383
has been reduced by 70 percent

0:11:46.383,0:11:48.945
over the last 10 years.

0:11:48.945,0:11:51.930
How? By involving local communities,

0:11:51.930,0:11:54.751
investing in their agriculture and their economies,

0:11:54.751,0:11:56.851
by monitoring more carefully,

0:11:56.851,0:12:00.496
by enforcing the law more strictly.

0:12:00.496,0:12:02.386
And it's not just stopping deforestation.

0:12:02.386,0:12:04.827
That's of course of first and fundamental importance,

0:12:04.827,0:12:08.449
but it's also regrading degraded land,

0:12:08.449,0:12:12.849
regenerating, rehabilitating degraded land.

0:12:12.849,0:12:16.729
I first went to Ethiopia in 1967.

0:12:16.729,0:12:19.204
It was desperately poor. In the following years,

0:12:19.204,0:12:20.950
it suffered devastating famines

0:12:20.950,0:12:24.806
and profoundly destructive social conflict.

0:12:24.806,0:12:27.640
Over the last few years, actually more than a few,

0:12:27.640,0:12:30.565
Ethiopia has been growing much more rapidly.

0:12:30.565,0:12:32.455
It has ambitions to be a middle-income country

0:12:32.455,0:12:34.960
15 years from now

0:12:34.960,0:12:37.203
and to be carbon neutral.

0:12:37.203,0:12:40.251
Again, I think it's a strong ambition

0:12:40.251,0:12:42.546
but it is a plausible one.

0:12:42.546,0:12:43.957
You're seeing that commitment there.

0:12:43.957,0:12:45.223
You're seeing what can be done.

0:12:45.223,0:12:47.788
Ethiopia is investing in clean energy.

0:12:47.788,0:12:51.410
It's working in the rehabilitation of land.

0:12:51.410,0:12:53.840
In Humbo, in southwest Ethiopia,

0:12:53.840,0:12:55.257
a wonderful project

0:12:55.257,0:12:57.440
to plant trees on degraded land

0:12:57.440,0:12:59.060
and work with local communities

0:12:59.060,0:13:01.509
on sustainable forest management

0:13:01.509,0:13:04.550
has led to big increases in living standards.

0:13:04.550,0:13:08.414
So we can see, from Beijing to London,

0:13:08.414,0:13:10.703
from California to India,

0:13:10.703,0:13:13.830
from Brazil to Ethiopia,

0:13:13.830,0:13:15.439
we do understand

0:13:15.439,0:13:17.644
how to manage those two transformations,

0:13:17.644,0:13:19.573
the structural and the climate.

0:13:19.573,0:13:23.752
We do understand how to manage those well.

0:13:23.752,0:13:26.530
And technology is changing very rapidly.

0:13:26.530,0:13:28.937
I don't have to list all those things

0:13:28.937,0:13:30.828
to an audience like this,

0:13:30.828,0:13:33.122
but you can see the electric cars,

0:13:33.122,0:13:36.206
you can see the batteries using new materials.

0:13:36.206,0:13:38.601
You can see that we can manage remotely now

0:13:38.601,0:13:42.156
our household appliances on our[br]mobile phones when we're away.

0:13:42.156,0:13:43.963
You can see better insulation.

0:13:43.963,0:13:45.886
And there's much more coming.

0:13:45.886,0:13:48.283
But, and it's a big but,

0:13:48.283,0:13:49.892
the world as a whole

0:13:49.892,0:13:52.670
is moving far too slowly.

0:13:52.670,0:13:55.212
We're not cutting emissions in the way we should.

0:13:55.212,0:13:57.923
We're not managing those structural transformations

0:13:57.923,0:14:00.152
as we can.

0:14:00.152,0:14:03.391
The depth of understanding of the[br]immense risks of climate change

0:14:03.391,0:14:06.970
are not there yet.

0:14:06.970,0:14:09.101
The depth of understanding

0:14:09.101,0:14:11.586
of the attractiveness of what we can do

0:14:11.586,0:14:15.250
is not there yet.

0:14:15.250,0:14:18.748
We need political pressure to build.

0:14:18.748,0:14:22.280
We need leaders to step up.

0:14:22.280,0:14:25.779
We can have better growth,

0:14:25.779,0:14:29.986
better climate, a better world.

0:14:29.986,0:14:31.798
We can make,

0:14:31.798,0:14:34.578
by managing those two transformations well,

0:14:34.578,0:14:38.866
the next 100 years the best of centuries.

0:14:38.866,0:14:40.093
If we make a mess of it,

0:14:40.093,0:14:43.240
we, you and me, if we make a mess of it,

0:14:43.240,0:14:45.713
if we don't manage those transformations properly,

0:14:45.713,0:14:48.604
it will be, the next 100 years

0:14:48.604,0:14:51.335
will be the worst of centuries.

0:14:51.335,0:14:53.227
That's the major conclusion

0:14:53.227,0:14:56.358
of the report on the economy and climate

0:14:56.358,0:15:00.227
chaired by ex-President Felipe Calderón of Mexico,

0:15:00.227,0:15:02.407
and I co-chaired that with him,

0:15:02.407,0:15:04.360
and we handed that report yesterday

0:15:04.360,0:15:07.350
here in New York, in the United Nations Building

0:15:07.350,0:15:08.822
to the Secretary-General of the U.N.,

0:15:08.822,0:15:10.088
Ban Ki-moon.

0:15:10.088,0:15:14.193
We know that we can do this.

0:15:14.193,0:15:17.575
Now, two weeks ago,

0:15:17.575,0:15:20.975
I became a grandfather for the fourth time.

0:15:20.975,0:15:23.107
Our daughter —

0:15:23.107,0:15:33.710
(Baby cries) (Laughter) (Applause) —

0:15:33.710,0:15:36.621
Our daughter gave birth to Rosa here in New York

0:15:36.621,0:15:39.626
two weeks ago. Here are Helen and Rosa.

0:15:39.626,0:15:44.115
(Applause)

0:15:46.870,0:15:49.838
Two weeks old.

0:15:49.838,0:15:55.525
Are we going to look our grandchildren in the eye

0:15:55.525,0:15:59.272
and tell them that we understood the issues,

0:15:59.272,0:16:02.590
that we recognized the dangers and the opportunities,

0:16:02.590,0:16:06.831
and still we failed to act?

0:16:06.831,0:16:10.310
Surely not. Let's make the next 100 years

0:16:10.310,0:16:12.116
the best of centuries.

0:16:12.116,0:16:16.116
(Applause)