Though firms may worry about profits now that Trump's decision to let the world boil in its own juices rather than offend the hydrocarbon lobby (Coke may run out of water, Disney may run out of themepark-goers), the latest report from UK nonprofit Carbon Disclosure Project shows that companies are also privately exulting in the new possibilities opened up by climate catastrophes and the ensuing hidden misery.
For example, Apple speculates that people caught in disasters or forced to live in refugee camps will love their Iphones: "As people begin to experience severe weather events with greater frequency, we expect an increasing need for confidence and preparedness in the arena of personal safety and the well-being of loved ones. [Iphones] can serve as a flashlight or a siren; they can provide first aid instructions; they can act as a radio; and they can be charged for many days via car batteries or even hand cranks."
Wells Fargo looks forward to continuing its criminal and predatory financial practices by extending credit to people whose homes are damaged or demolished by floods, fires, etc: "Preparation for and response to climate-change induced natural disasters result in greater construction, conservation and other business activities. [Our company]has the opportunity to provide financing to support these efforts."
Home Depot predicts soaring demand for construction supplies in the wake of disasters and more air conditioners and fans as temperatures rise: "[We will see] higher demand should temperatures increase over time."
Google thinks that Google Earth will grow along with curiosity about disasters around the world: "If customers value Google Earth Engine as a tool to examine the physical changes to the Earth’s natural resources and climate, this could result in increased customer loyalty or brand value. This opportunity driver could have a positive impact on our brands."
Corporate America Is Getting Ready to Monetize Climate Change [Christopher Flavelle/Bloomberg]
Kansas is a living laboratory for far-right experimentation with extreme economic cruelty: a state where Medicare expansions were thwarted, where xenophobia has penetrated the state bureaucracy, where a grifty, incompetent lawyer has apologized for slavery and driven women out of his own party, even as neighboring states thrive by tending to the needs of working […]
In Social, demographic, and economic correlates of food and chemical consumption measured by wastewater-based epidemiology, published in the Proceedings of the National Academy of Science, a group of researchers in Australia and Norway present their analysis of a 2016 Australian sewage census, which sampled 22 waste-water treatment facilities and looked for 42 biomarkers.
Institutions like the IMF like to encourage poor countries to set up "free trade zones" (AKA "freeports," "special economic zones," etc): effectively unregulated import/export zones where environmental, labor, tax, customs, financial and other rules are either nonexistent or much looser than in the rest of the country. These are billed as a means to stimulate […]
As much as vaping has taken over the market during the last decade, there’s still a lot of questions about the technology, as well as health concerns that we’re just now finding out about. One thing you can say about smoking: You know exactly what you’re getting, especially when it comes to pipes that you […]
We can’t all go through life with just a pair of sneakers and flip-flops. Sometimes, you have to invest in a pair of high-quality dress shoes. However, you’ve probably discovered that high-end footwear almost always comes with eye-popping price tags. You’ve got to compromise on second-hand or just suck it up and take out a […]
We have a theory about those throw blankets that are barely big enough to cover your legs. The only people who seem to make them or use them are grandmothers, and the blankets are only that small because Nana got bored halfway through the sewing job. Look, we’re sure she means well. But if you […]