Windfall: The Booming Business of Global Warming


McKenzie Funk - 2014
    Funk shows us that the best way to understand the catastrophe of global warming is to see it through the eyes of those who see it most clearly—as a market opportunity.Global warming’s physical impacts can be separated into three broad categories: melt, drought, and deluge. Funk travels to two dozen countries to profile entrepreneurial people who see in each of these forces a potential windfall. The melt is a boon for newly arable, mineral-rich regions of the Arctic, such as Greenland—and for the surprising kings of the manmade snow trade, the Israelis. The process of desalination, vital to Israel’s survival, can produce a snowlike by-product that alpine countries use to prolong their ski season.Drought creates opportunities for private firefighters working for insurance companies in California as well as for fund managers backing south Sudanese warlords who control local farmland. As droughts raise food prices globally, there is no more precious asset.The deluge—the rising seas, surging rivers, and superstorms that will threaten island nations and coastal cities—has been our most distant concern, but after Hurricane Sandy and failure after failure to cut global carbon emissions, it is not so distant. For Dutch architects designing floating cities and American scientists patenting hurricane defenses, the race is on. For low-lying countries like Bangladesh, the coming deluge presents an existential threat.Funk visits the front lines of the melt, the drought, and the deluge to make a human accounting of the booming business of global warming. By letting climate change continue unchecked, we are choosing to adapt to a warming world. Containing the resulting surge will be big business; some will benefit, but much of the planet will suffer. McKenzie Funk has investigated both sides, and what he has found will shock us all. To understand how the world is preparing to warm, Windfall follows the money.

The World in 2050: Four Forces Shaping Civilization's Northern Future


Laurence C. Smith - 2010
     The world's population is exploding, wild species are vanishing, our environment is degrading, and the costs of resources from oil to water are going nowhere but up. So what kind of world are we leaving for our children and grandchildren? Geoscientist and Guggenheim fellow Laurence Smith draws on the latest global modeling research to construct a sweeping thought experiment on what our world will be like in 2050. The result is both good news and bad: Eight nations of the Arctic Rim (including the United States) will become increasingly prosperous, powerful, and politically stable, while those closer to the equator will face water shortages, aging populations, and crowded megacities sapped by the rising costs of energy and coastal flooding.The World in 2050 combines the lessons of geography and history with state-of-the-art model projections and analytical data-everything from climate dynamics and resource stocks to age distributions and economic growth projections. But Smith offers more than a compendium of statistics and studies- he spent fifteen months traveling the Arctic Rim, collecting stories and insights that resonate throughout the book. It is an approach much like Jared Diamond took in Guns, Germs, and Steel and Collapse, a work of geoscientific investigation rich in the appreciation of human diversity. Packed with stunning photographs, original maps, and informative tables, this is the most authoritative, balanced, and compelling account available of the world of challenges and opportunities that we will leave for our children.