Episode 1040: Promises won't pay for climate adaptation - Marketplace
Promises won't pay for climate adaptation - Marketplace
Promises won’t pay for climate adaptation
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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.
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The team
Kai Ryssdal Host
Kimberly Adams Host
Marissa Cabrera Producer
Bridget Bodnar Senior producer
Marque Greene Associate Producer
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Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”