The Intelligence from The Economist Cruel summer: heatwaves rage across the world
Jul 17, 2023
Joining the conversation are Rachel Dobbs, a climate expert from The Economist; Josh Roberts, a finance correspondent analyzing market resilience; and Stanley Pinal, who writes about European affairs. They discuss alarming global heatwaves and their severe health impacts. The resilience of financial markets amidst inflation and potential recessions is explored, alongside a cultural shift in Europe towards larger cars, reflecting changing consumer preferences. The podcast reveals the urgent need for climate action amidst economic turmoil.
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Global Heatwave
- Extreme heatwaves are impacting Europe, America, and Asia, causing health issues and breaking temperature records.
- Climate change, El Niño, and high ocean temperatures contribute to this phenomenon.
Phoenix Heatwave
- Erin Braun describes Phoenix at 2 PM as a ghost town due to 44°C heat.
- Local governments increase outreach to vulnerable populations like the homeless.
Heatwave Causes
- While climate change is likely a factor in rising temperatures, other factors also contribute.
- El Niño and cooler ocean temperatures affect heatwave intensity.