4.8 • 1.5K Ratings
🗓️ 4 July 2023
⏱️ 42 minutes
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0:00.0 | It's officially summer in the United States, which has unfortunately come to mean it's time for |
0:04.9 | heatwaves, freak weather events, and forest fires. What we on the west coast have come to |
0:10.1 | known as smoke season, and what those of you on the east coast are finally come to realize |
0:16.4 | is the new reality. So we thought it'd be a good time to revisit an episode we did in 2021 |
0:22.7 | with financial regulation experts Sarah Bloom-Raskin about climate change. She helps us explore |
0:30.5 | what levers exist to steer fiscal and monetary policy toward lasting sustainability. |
0:36.4 | Can we create transformative climate outcomes by adopting new regulatory strategies |
0:42.1 | or by using the regulations we already have? Stay tuned to find out. |
0:46.4 | We're fortunate to have an administration again that believes in climate change and believes |
0:53.6 | it's the role of government to do something about it. We still have quite a bit of work to do |
0:58.3 | in the financial regulatory space. The challenge, of course, to addressing climate change is to |
1:04.4 | rewire the economy with new regulations and incentives so that the economic activity |
1:11.2 | creates a more sustainable planet, not a less sustainable planet. |
1:19.6 | From the home offices of civic ventures in downtown Seattle, this is pitchfork economics, |
1:24.6 | with Nick Hanauer, the best place to get the truth about who gets what and why. |
1:36.8 | The death toll is rising from that historic heatwave broiling the west, |
1:40.5 | and it's fueling a wave of dangerous wildfires. |
1:43.2 | Throughout the heatwave, Washington State reported more than 1,300 emergency room visits |
1:48.4 | for heat-related illnesses. Officials believe the increase in fatalities is likely linked to the |
1:53.5 | extreme weather. Death Valley saw 130 degrees pushing toward the hottest temperature ever recorded |
2:00.8 | on Earth. Nearly one half of the country from the Pacific coast to the Great Plains and the |
2:06.0 | Upper Midwest is experiencing moderate to exceptional drought conditions. It's expected to get |
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