To the Point
Cashing In on Climate Change
Not just a fact of life, global warming's a source of profit for those betting that nothing's going to be done. It's creating a business boom with dangerous implications.
By Warren Olney • • 51m ListenGlobal warming is not just a fact of life, it's already a source of profit with much more to come for those betting that nothing's going to be done. We hear how melting ice, drought and massive rainfall are creating a business boom with dangerous implications for social and economic inequality. Also, US aid to Afghanistan flows despite warnings of misuse, and the fading clout of California in Congress as 40-year incumbent Democrat Henry Waxman decides to leave.
Banner image: Stefan Cook
In this episode
3 storiesUS Aid to Afghanistan Flows Despite Warnings of Misuse
More than a billion dollars in US aid will flow to the government of Afghanistan in this year alone, despite years of warnings about corruption. Today, the Inspector General, created by Congress and appointed by President Obama, reported that not one of that country's 16 ministries can be counted on to prevent money from being stolen or wasted.
Read the story7 minThe Booming Business of Global Warming
Global warming deniers may have to take note: climate change is already big business for entrepreneurs and investors all over the world. Shell Oil has been strategizing about it for decades. Wall Street is in on the action. Coca Cola and Nike recognize it's shaping their bottom lines.
Read the story36 minWhat Does Waxman Resignation Mean for California, Congress?
Henry Waxman helped make California a powerhouse in Congress. He infuriated Republicans for 40 years, most recently by pushing the Affordable Care Act. The California Democrat was also a major force for environmental legislation as Chair of the House Energy and Commerce Committee.
Read the story7 min
