Promises won’t pay for climate adaptation

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 4 November 2023

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

A new United Nations report found that wealthy nations are scaling back funding for climate adaptation in developing countries, while the cost of mitigating the effects of climate change continue to grow. We’ll get into it. And, the Federal Trade Commission’s antitrust lawsuit against Amazon revealed a secret pricing algorithm used by the company, known as Project Nessie. We’ll unpack how the algorithm has amassed huge profits for Amazon while raising prices across the board. Then, we’ll play a round of Half Full / Half Empty with guest host Amy Scott.

Here’s everything we talked about:

- “Critics: Tuberville is just the face of a ‘broken’ confirmation process” from Roll Call

- “Amazon made more than $1B using secret algorithm called ‘Project Nessie,’ FTC says” from The Hill

- “Developing countries need at least $215 billion a year for climate adaptation” from Grist

- Adaptation Gap Report 2023 from UN Environment Programme

- “Rewriting the rules for the Colorado River’s management” from Marketplace

- “Why small phones are hard to find” from Marketplace

- “Super Commuting Is on the Rise, Thanks to Flexibility of Hybrid Work” from Business Insider

- “Are your company’s cybersecurity trainings a waste of your time?” from Marketplace

- “Brains and Losses: Aging and Financial Vulnerability to Scams” from Marketplace

- “Do We Really Need Tequila From Celebrities Like Matthew McConaughey?” from Eater

- “The Beatles’ ‘Now and Then’: The Band’s ‘Last’ Song” from The New York Times

Got a question for the hosts? Leave us a voicemail at 508-U-B-SMART or email us at makemesmart@marketplace.org.

Transcript

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0:00.0	See I'm glad you dance with me Amy.
0:05.0	It's a jam.
0:08.0	It is a jam.
0:10.0	Hello everyone I'm Kimberly Adams.
0:12.0	Welcome back to Make Me Smart where we make today
0:14.4	it makes sense. It is Friday. We made it to Friday. November the 3rd.
0:18.9	Kai is out today but as you can see I have my dancing buddy with me here Amy Scott hey Amy
0:25.2	Hey everybody. Thank you for joining us on the podcast and everybody on the YouTube live stream it's Friday
0:31.1	Thank goodness and that means it's time for economics on tap.
0:35.0	Our weekly Happy Hour Special.
0:37.0	And Happy Hour means cocktails, alcoholic or non, whatever your pleasure may be.
0:42.0	We're going to have some cocktails. alcoholic or non whatever your pleasure may be.
0:43.1	We're gonna have some cocktails,
0:44.8	see what you all are drinking, talk about what we're drinking.
0:47.7	Then get to some news, take a break,
0:50.1	then play a round of half full, half empty.
0:53.0	So let's start from the top, Amy, what are you drinking today?
0:56.9	Well, Kimberly, thanks to Tony Wagner's prodding yesterday.
1:00.5	I had to plan ahead and I decided to make a hot toddy so I'm showing the
1:06.0	audience oh what a cute mug is my special W yPR W. Shout out. Yeah, it's gotten, the weather has turned, shall we say. It's gotten a little chilly. So I made my first hot toddy of the season on Halloween night and liked it so much I decided to make another one.
1:24.0	Yeah. So how do you make your hot totties? What do you put in them?
1:27.0	Well, you know, I kind of like Google the recipe every time because I don't make them that often but this is just hot water brown sugar
	...

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