It's Not Just a Few Feet Of Sea Level Rise (aka Climate Change is an Economic Issue)
A Thousand Natural Shocks With Gabe S. Dunn
Gabe Dunn | Diamond MPrint Productions
4.5 • 2.6K Ratings
🗓️ 9 May 2018
⏱️ 45 minutes
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Summary
Transcript
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| 0:00.0 | You got problems that you either can serve with, you don't know how you're supposed to earn it or what to do with it or how to keep it. |
| 0:08.0 | You're a freak with a dark shame, full secret, but you're not the only one who keeps your hidden, fine, natural fears with a blast of sun. |
| 0:16.0 | Now your healing has begun, it's back with wanting with Gabby. |
| 0:22.0 | What done? Hello there. It's me again. Gabby done. I'm back in your earbuds or tinny smartphone speakers or whatever you're using to listen to my soothing yet sinister voice. |
| 0:34.0 | You guys this week on Bad With Money, we're hitting a big one. Climate change. |
| 0:40.0 | The last few weeks we've really swung for the fences with our topics, structural racism, the healthcare system, universal basic income. |
| 0:46.0 | So this week we thought, you know what, those are really huge problems to try to solve with our humble little podcast, which is what makes it so impressive that I'm happy to report we totally solved them. |
| 0:56.0 | We solved them. Everything is solved. You guys shut it down. Podcast over. We're done. It's solved. |
| 1:02.0 | Oh, it's not solved. Nothing solved. Everything's bad. Okay, great. Well, so all those things are still big problems, but that's not stopping us from taking a swing at climate change this week. |
| 1:13.0 | Now you're perhaps asking yourself, why is Gabby talking about climate change? Climate change doesn't have anything to do with money. Well, you my friend would be wrong. |
| 1:22.0 | Pretty much all of our enormous social issues have to do with money. That is in case you haven't picked up on it, kind of the point of this season. |
| 1:29.0 | Climate change is a significant financial issue and in ways that frankly I never expected. |
| 1:35.0 | In this episode, we're going to look at how climate change has been pulling out our country's purse drinks for years already and how it's only going to cost us more if we don't do anything about it. |
| 1:45.0 | Now, as you probably know, because I love discussing my trashy beginnings, I'm from South Florida and my parents still live there, which makes this even more of a thing for me because guys Florida is sinking. |
| 1:59.0 | And I don't just mean that great against me song by 2060, the waters that surround most sides of the peninsula where I am from are expected to rise by about two feet. |
| 2:08.0 | And this is something that's already in motion. We can't really stop it. It's called inevitable sea level rise for a reason. |
| 2:16.0 | And if you don't care about two full feet of inevitable sea level rise in Florida, climate change will also make all of the inequality we've been talking about this season even worse. |
| 2:25.0 | In a study released last year, scientists found that states in the South, like Florida and Texas, will be hit hardest while Northern states will actually benefit just a little economically. |
| 2:35.0 | And the poorest areas of the country are projected to lose 20% of their income by the end of the century if we don't change course. |
| 2:41.0 | As stated in the press release, if we continue on the current path, our analysis indicates it may result in the largest transfer of wealth from the port to the rich in the country's history. |
| 2:50.0 | That's like the opposite of Robinhood. |
| 2:53.0 | And while it's terrifying to think about what might happen in the future, what I want to focus on in this episode is the fact that we are already feeling the financial impact of climate change in subtle and not so subtle ways. |
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