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Marketplace All-in-One

COP29’s contentious climate change deal

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 25 November 2024

⏱️ 18 minutes

🧾️ Download transcript

Summary

Negotiators at the 2024 United Nations Climate Change Conference, or COP29, agreed on wealthy nations providing up to $300 billion a year to help poorer countries deal with the effects of climate change. We discuss the deal falling short of the $1.3 trillion poorer countries asked for. Then, we talk about how Tesla’s pollution violations could weaken the company’s eco-friendly image. And, we look at the costly Arizona program heralded by school choice advocates as a taxpayer-supported way to opt out of public schools. Plus, U.S. farm groups are preparing for possible mass deportations under the incoming Trump administration. Finally, we’ll smile at an A.I.-generated granny as an unlikely hero to combat phone scams.

Here’s everything we talked about today:

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    Transcript

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    0:00.0

    Go for it. Yeah.

    0:04.0

    Hello everyone on Kimberly Adams. Welcome back to Make Me Smart, where we make today makes sense.

    0:13.0

    And I'm Amy Scott in for Kai Rizdahl. Thanks everyone for joining us. It is Monday, November 25th.

    0:20.0

    A short week for many folks getting ready for the holidays.

    0:25.2

    But today we're going to do some news and some smiles, starting with the news.

    0:30.7

    Amy, what caught your attention today?

    0:34.6

    Well, two items today. They're related. The first is a Wall Street Journal investigation that came out last night, looking at how Tesla, in contrast to its stated mission of protecting life on Earth, according to Elon Musk, has shown a pattern of repeatedly breaking environmental rules at its factories in California and Texas.

    0:56.7

    It's worth a read. It's a long story, but I'm just going to quote from the journal piece.

    1:02.8

    Tesla's Fremont California facility has accumulated more warnings for violations of air pollution

    1:08.6

    rules over the past five years than almost any other companies plant in California,

    1:12.6

    according to a journal analysis of informal enforcement actions in the EPA's compliance database.

    1:18.6

    It is second only to a refinery owned by oil and gas behemoth Chevron, which is in nearby Richmond.

    1:24.6

    So, you know, this is significant, obviously,

    1:28.2

    because a lot of people are switching to electric vehicles

    1:30.8

    because they're perceived as cleaner.

    1:33.5

    And in many ways they are.

    1:34.9

    But this environmental pollution is concerning.

    1:38.6

    And, you know, as it happens, or this story comes out,

    1:42.4

    as Tesla's CEO, Elon Musk, is gearing up to co-lead

    1:46.1

    this new Department of Government Efficiency in the incoming Trump administration, 2.0,

    1:53.1

    where he plans to cut billions, if not trillions of dollars in government spending.

    1:58.1

    And the journal points out that people who've worked with Musk for years

    ...

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