Prince Charles launches plastics prize

The transcript discusses the urgent need to transition from economic models that harm the environment to those that contribute positively. It highlights the global imperative of maintaining climate health to prevent the negative externalities of current economic practices from affecting future generations. The focus is on the importance of sustainable practices to avoid long-term consequences.

What is the primary focus of the transition discussed in the first section?

• From economic growth to economic stability

• From environmental harm to environmental benefit

• From technological advancement to technological stagnation

• From social inequality to social equality

Why is addressing climate health considered a global imperative?

• To enhance technological innovation

• To improve international relations

• To boost economic growth

• To prevent severe environmental consequences

What are the potential risks of ignoring economic externalities?

• Increased technological advancement

• Enhanced economic stability

• Long-term negative impacts on future generations

• Improved social equality

What does the term 'externalities' refer to in the context of the third section?

• Advantages of economic growth

• Unintended side effects of economic activities

• Positive outcomes of technological progress

• Benefits of international trade

What is the consequence of our 'shortsightedness' as mentioned in the third section?

• Immediate economic benefits

• Long-lasting environmental damage

• Short-term technological gains

• Increased social harmony