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The Intelligence from The Economist

To a concerning degree: dire climate assessments

The Intelligence from The Economist

The Economist

News, Global News, Daily News

4.5 • 3.7K Ratings

🗓️ 14 August 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

Recent reports paint a dark picture, from heatwaves to hurricanes to high-water marks. But some promising trends—and pandemic-era economics—provide reasons for hope. We examine the night-time economy of the very swankiest parties, discovering a kind of beauty brokerage at work behind the scenes. And what baseball season reveals for other sports that yearn for a return. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

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Transcript

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0:00.0

Hello and welcome to the Intelligence on Economist Radio. I'm your host, Jason Palmer.

0:09.7

Every weekday we provide a fresh perspective on the events shaping your world.

0:18.0

Think of a VIP party. I mean, serious VIPs. $100,000 bar tab VIPs. We take a journey deep

0:25.8

into this nighttime economy, discovering a kind of beauty brokerage that explains why

0:30.5

rich men are always surrounded by glamorous women.

0:36.0

And America's baseball season is underway and as far as contagion is concerned, it's

0:40.7

not going well so far. Players and fans of other sports desperately want to return to their

0:46.4

past times, but baseball is providing some sobering lessons.

0:55.8

First up, though. The past decade was the hottest ever globally, and 2019 was one of the

1:03.9

three hottest years on record. That's according to this week's State of the Climate Report from

1:09.0

the American Meteorological Society. It's known as the annual physical of the climate system,

1:14.7

and it makes for increasingly grim reading. This is the kind of emergency that scientists say

1:19.5

is made much more likely and more damaging by climate change. Tens of thousands of people

1:25.1

last year devastating wildfires ripped through Australia. The intensity of it, it's like a

1:30.5

apocalypse, it's like something that you've never experienced before. Huge heat waves seared

1:34.8

America, Europe and India. In the tropics, there were almost a hundred cyclones at the Poles'

1:41.0

sea ice just kept melting. Alaska's blue, white giants are dying. Now, I've got to talk about

1:46.7

the ice in Greenland because it's melting. Iceland may have to change its name, but there were

1:52.2

also huge global protests. As environmental groups, such as extinction rebellion,

2:00.7

took to the streets to call for greater urgency in the fight against climate change.

2:10.5

To look at this year's report, though, it seems that that fight is so far being lost.

2:15.3

So certainly the most striking finding was that July 2019, the ranks of the hottest man in the

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