The Booming Business of Global Warming

Monday, February 03, 2014

McKenzie Funk looks into how some entrepreneurs and even some nations stand to benefit from a changing climate. In Windfall: The Booming Business of Global Warming, Funk traveled to two dozen countries to profile entrepreneurs who see a potential windfall from drought, floods, and melting ice caps.


McKenzie Funk

Comments [3]

Amy from Manhattan

It's not just that growing seasons will change. The times of year when the day is the longest/shortest & the weather is the hottest/coldest have coincided for millennia, but that's changing, affecting many species whose behavior is keyed to one of these or the other. This is putting pollen production for plants & flower visiting by pollinators out of synch, & that will disrupt food production.

Feb. 03 2014 01:58 PM
Amy from Manhattan

There may be environmental laws & regulations in various countries, but the real question is whether they'll be enforced--or whether there will be exemptions, like the Halliburton loophole that says they don't have to obey the Safe Drinking Water & Clean Air acts, or the lack of any requirement to disclose the chemicals used in fracking.

Feb. 03 2014 01:52 PM
Joseph Bell from Downtown

Just to clarify, the big insurers view climate change as a huge threat to their profits. As Mr.Funk pointed out early on (80s) insurers poured hundreds of millions into climate change research. The "opportunity " for rate increases is portrayed by the insurers as an attempt to build up catastrophe reserves that are now believed inadequate in an age of climate change. The prevailing view is that the industry won't profit from climate change.

Feb. 03 2014 01:52 PM

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