To the Point
Cold Water Hits Global Warming Agreements
Not just two but three kinds of countries are negotiating in Copenhagen. There are the rich, the poor and the in-between, like China, India and Brazil — countries that are becoming major polluters as they fight poverty with increased industrialization. We look at economics, politics and what's called "environmental justice." Also, President Obama meets with "fat cat" bankers, and America's fourth largest city has elected its first lesbian Mayor. In Houston, who cares?
Not just two but three kinds of countries are negotiating in Copenhagen. There are the rich, the poor and the in-between, like China, India and Brazil — countries that are becoming major polluters as they fight poverty with increased industrialization. We look at economics, politics and what's called "environmental justice." Also, President Obama meets with "fat cat" bankers, and the city of Houston, Texas elects a gay mayor.
Banner image: An Indian worker washing plastics is reflected in a pool of liquid at a dump on the outskirts of Mumbai on December 11, 2009. Photo: Pal Pilla/AFP/Getty Images
In this episode
3 storiesThe President Meets with the 'Fat-Cat' Bankers
On 60 Minutes last night, President Obama said he "did not run for office to be helping out a bunch of fat-cat bankers." Today, after meeting with Wall Street executives at the White House, he reminded banks that had been bailed out by American taxpayers that they owed an " extraordinary commitment " to help rebuild the economy.
Read the story8 minCold Water Hits Global Warming Agreements
Developing nations threatened to walk out of Copenhagen today, dramatizing the split between rich and poor that has haunted climate talks for 20 years. Who should move first to reduce greenhouse gases? Do developed nations, like the United States , owe something to those most threatened, like Tuvalu in the South Pacific?
Read the story36 minSexuality of Houston's New Mayor No Big Deal for Texans
Headlines around the country have announced that America's fourth largest city has elected a lesbian mayor, but that's not the big news in Houston, Texas. Annise Parker has won seven elections in the City of Houston. She's finishing her third term as City Controller. This weekend, she got 53.6% of the vote to win a runoff election as Mayor.
Read the story8 min