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To the Point

Cashing In on Climate Change

To the Point

KCRW

News

4.4583 Ratings

🗓️ 30 January 2014

⏱️ 51 minutes

🧾️ Download transcript

Summary

Not just a fact of life, global warming's a source of profit for those betting that nothing's going to be done. It's creating a business boom with dangerous implications.

Transcript

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0:00.0

From KCRW in Santa Monica and PRI, Public Radio International, this is To the Point.

0:07.8

The booming business of global warming.

0:14.0

Hello again, I'm Marvin Aulney, and this is To the Poet from Public Radio International.

0:18.0

The daily look at the issues Americans care about most.

0:20.6

Global warming

0:21.4

deniers may have to take note. Climate change is already big business for entrepreneurs and investors

0:27.1

all over the world. Shell oil has been strategizing about it for decades. Wall Street's in on the

0:32.9

action. Coca-Cola and Nike recognize it's shaping their bottom lines.

0:41.2

We'll hear how money's being made from the Arctic to Africa and the tropics and how the U.S. government will have to play catch-up.

0:43.9

What are the potential costs of looking the other way

0:46.3

and the differing consequences for the haves and have-nots?

0:50.5

Today's talking point, the fading cloud of California in Congress.

0:55.2

First, here's the news.

0:59.5

Listen to KCRW's 24-hour all-news channel, stream BBC World Service, NPRW and KCRW programs,

1:07.9

continuous coverage and accessible via our smartphone app or online at kCRW.com.

1:14.1

Support for To The Point comes from the members of KCRW and from the Public Radio International

1:19.6

Program Fund. Hello again, we're on Allie, back with To The Poet. Global warming is not just a fact

1:24.6

of life. It's already a source of profit with much more to come

1:28.9

for those betting that nothing is going to be done. We'll hear how melting ice, drought,

1:33.4

and massive rainfall are creating a business boom with dangerous implications for social and

1:39.1

economic inequality. Today's talking point, after 40 years in Congress, California Democrat Henry Waxman

1:44.9

says he won't run again, joining Golden State colleagues in both parties with many decades

...

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