Obama: I can afford to give up a lot of my current lifestyle to benefit the planet

OBAMA: “I can afford to give up a lot of my current lifestyle to benefit the planet, because I’ll still have a lot left over. A lot of folks don’t have that cushion. So that means that any climate plan worth its salt has to take these inequities into account, whether it’s through subsidies to -- to poor people to ease the transition to clean energy, whether it’s technology transfers that help poor countries meet their development goals by leapfrogging dirty fuels, we have to pay attention to those embedded inequities and the politics that surrounds that. And that's not easy.”