Restoring the decarbonization economy is necessary to minimize the death and destruction from global warming. But it's also one of the generation's most excellent money-making opportunities, the President's special envoy on climate change, John Kerry, commented on Thursday.

"This is the biggest market the world has ever seen: the energy transition market," Kerry said at the fourth meeting of American CEOs hosted by the US Chamber of Commerce in Los Angeles.

"Every aspect of life can be positively influenced. This is not something to be afraid of - we should avoid and be fearful of it. We have to accept this transition, which I guarantee you will be bigger than the Industrial Revolution in the end.

The Industrial Revolution was from the mid-17th century to the mid-19th century, when processes shifted from manual to machine execution.

However, Kerry said this is an opportunity that the United States is not taking as seriously as many other countries in the world.

"Unfortunately, every country I visit is more affected by this problem than we are in the United States," Kerry said. "And I say that very sadly."

Kerry praised the White House. President Joe Biden is committed to climate change, Kerry said in a conversation with Los Angeles Mayor Eric Garcetti.

Kerry blames, at least in part, political polarization for the slowdown in United States' progress.

"We can do that. We can do many things now, except with our politics," Kerry said.

Kerry says that even many countries that are moving faster than the United States are not moving fast enough.

Countries worldwide will need to deploy renewable energy sources such as wind and solar five or six times faster than they are currently doing to meet the Paris Agreement's desired targets. The deal is a 2015 target set by the international community to limit global warming to "well below" 2 degrees Celsius - and "preferably" 1.5 degrees Celsius - compared to pre-industrial levels.

According to the International Energy Agency, Kerry said that the global community needs to move away from coal six times faster than we do and adopt electric vehicles 22 times more quickly than it is today.

Kerry said reducing emissions to limit global warming is not an issue that must be discussed.