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Slate News

Slate Money - The Temperature Edition

Slate News

Slate Podcasts

Politics, News, News Commentary

4.56K Ratings

🗓️ 25 May 2019

⏱️ 41 minutes

🧾️ Download transcript

Summary

This week, Slate Money discusses Robert Smith’s major gift to the graduating class of

Morehouse College, why office air conditioning might be a detriment to productivity and the

debate around carbon offsets.

Email: slatemoney@slate.com

Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck

Podcast production by Jessamine Molli.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the temperature edition of Slate Money, your guide to the business and finance news of the week.

0:21.0

I'm Felix.

0:21.5

I'm on the Axios. I'm here with Emily Peck of the Huffington Post, who is wearing a cardigan. I am wearing a cardigan, but can we talk about your t-shirt, Felix? Because what is on that? It's a lemur. I'm wearing, I have a lemur on my t-shirt. He does. And the lemur has black coffee? the lemma just doesn't

0:37.6

There might be sugar in it

0:40.1

We don't know

0:40.5

The Lima is drinking a blood He does. And the lemur has black coffee? The lemur has black coffee? There might be sugar in it. We don't know.

0:40.4

The lemur is drinking a black coffee. All t-shirts should have a picture of the lemur drinking a black

0:46.1

coffee. It is a black t-shirt, which is also what Anna Shemansky is wearing. It's not so much a t-shirt, but yes.

0:52.0

It's a black top. I'm not for me. She looks. It looks very professional. Yeah, Anna Shemansky walks into Slate Money looking much more professional than anyone else every single week. Yes. And so she reminds us that we are not just throwing this show together. Leamers are not part of my dress code. So if you want to be professional, this is what I learned this week. Don't wear T-shirts with lemurs on them. The lemur is staring at me. That's all I'm going to say. It really looks like it's staring at me. Its eyes are following you around the room. Okay, this is the last time I wear this T-shirt. We have a good show this week. Emily Peck has basically set the agenda for this week, which is, oh, my God, air conditioning.

1:33.1

Yes.

1:34.0

We are going to talk about air conditioning and the American economy and the world economy.

1:40.8

And, yeah, Emily can't decide whether this cardigan wants to be on or off.

1:44.0

Is it cold or warm in here?

1:45.5

Is it cold or warm?

1:46.2

It's hard to tell.

1:47.1

I think it's warm.

1:48.0

I think it's warm. It was cold earlier. You know, this isn't actually surprisingly interesting and important part of productivity. Yes. So we're going to talk about that. We are going to talk about one of the side effects of air conditioning, which is carbon emissions, and whether they can be offset and how they can be offset.

2:06.8

Oh, those topics go so well together.

2:08.5

They really do.

2:09.4

Wow, Felix really put a lot of pieces of the puzzle together in real time in front of us in a Lema, T-shirt.

2:15.2

But before we do any of that, we are going to talk about Robert Smith of Vista Equity Partners,

2:22.6

the private equity firm that you probably haven't heard of,

...

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