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The Indicator from Planet Money

COP-out: who's liable for climate change destruction?

The Indicator from Planet Money

NPR

Business

4.79.2K Ratings

🗓️ 8 November 2022

⏱️ 9 minutes

🧾️ Download transcript

Summary

As the COP27 climate conference begins, a tricky economic question is on the table: should wealthy nations compensate their lower-income neighbors who suffer most from the climate crisis? And how?

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Transcript

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0:00.0

NPR.

0:07.0

This is Ian Tegada from Planet Money, I'm Darien Woods.

0:15.3

And on today's show, we're going to broadcast an excellent episode of NPR's Daily Science

0:19.7

Podcast shortwave.

0:21.6

Host Emily Kwong and NPR's Science correspondent Lauren Summer will walk us through this very

0:26.1

thorny issue at COP27, COP27 being the climate conference held in Egypt.

0:32.4

And the issue is this, should high-income countries compensate lower-income countries for the

0:38.8

climate crisis which they are bearing the brunt of?

0:42.0

All that after the break.

0:44.6

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0:50.8

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0:54.6

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0:56.4

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1:01.2

So Lauren, countries are coming together like they do every year to hash out their climate

1:05.0

policies.

1:06.1

But what are world leaders trying to get done at this summit?

1:08.9

Yeah, so the big overarching goal is to stop the planet from heating up to dangerous

1:13.9

levels, slow down climate change.

1:17.5

And that means cutting emissions.

1:19.1

But there is a goal on paper, which is to limit warming to 1.5 degrees Celsius, which is 2.7

1:24.7

Fahrenheit.

...

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