You Can Make Money on Renewable Energy, Kerry Says

The transcript discusses the potential for profit in the climate change economy, highlighting global investments in renewable energy. It compares the costs of renewable energy to fossil fuels, emphasizing the hidden costs of fossil fuels due to environmental damage. The discussion also covers the significant subsidies in the fossil fuel industry and their economic impact. Finally, it notes the shift in corporate governance towards climate action, exemplified by changes in Exxon Mobil's board.

In what ways does the speaker suggest that the real costs of fossil fuels are underestimated?

What does the speaker imply about the subsidies related to fossil fuels?