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NPR's Book of the Day

'Climate Capitalism' projects an optimistic future for environmental policy

NPR's Book of the Day

NPR

Arts, Books

4.2 β€’ 670 Ratings

πŸ—“οΈ 1 April 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

Early in today's episode, Here & Now's Scott Tong poses what a lot of activists and listeners might think β€” that the two words titling Akshat Rathi's new book, Climate Capitalism, are at odds with one another. But Rathi says governments can play a role in shifting economic policy to prioritize both profit and environmental protections. In his book and in this interview, he explains how business leaders, students and politicians are already implementing ideas that connect the dots between the climate crisis and global markets.

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Transcript

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0:00.0

Hey, it's NPR's Book of the Day. I'm Andrew Limbaugh. All right, I think it's clear at this

0:06.4

point that if we're going to deal with climate change, we've got to think bigger than canvas

0:11.7

tote bags and composting. In his new book, Climate Capitalism, Bloomberg News reporter

0:16.3

Akshat Rati argues that capitalistic market forces can push forward some of these bigger picture

0:22.3

solutions to deal with climate change, but the market can't do it alone.

0:27.0

In this interview with here and now, Scott Tong, Rati talks about one instance in which

0:31.0

he and his family tried to get solar panels installed in his home in India, but there was an

0:36.1

issue that is kind of indicative of why climate

0:39.1

change is so hard to tackle in the first place. That's ahead. In the U.S., national security

0:45.7

news can feel far away from daily life. Distant wars, murky conflicts, diplomacy behind

0:51.7

closed doors on our new show, Sources and Methods.

0:55.1

NPR reporters on the ground bring you stories of real people helping you understand

0:59.6

why distant events matter here at home.

1:02.4

Listen to sources and methods on the NPR app or wherever you get your podcasts.

1:07.8

It is now cheaper to save the world than destroy it. That is a slogan, a rallying cry that animates entrepreneurs and investors who think capitalism can help solve the climate crisis.

1:20.1

Now, time out, you might say, some of the richest companies built their fortunes on mining coal, pumping fossil fuels to burn in cars and make electricity. So what gives?

1:30.1

What is this question of climate capitalism? Well, let's put that question to our next guest.

1:35.3

Akshet Rati is a senior climate reporter for Bloomberg News, and he's got a new book out. It's called

1:40.5

Climate Capitalism, Winning the Race to Zero Emissions and solving the crisis of our age.

1:46.9

Akshet Rati, welcome to here and now.

1:49.3

Hey, nice to be here.

1:51.2

So I want to get to this skeptics question first, that a lot of climate activists, and let's be honest, a lot of our listeners in public radio, might say, climate capitalism is an oxymoron, that the market

...

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