Episode
Should The Government Pay for Your Bad Climate Decisions?
Description
A few days ago, the Biden administration released a report warning that a warming planet posed severe economic challenges for the United States, which would require the federal government to reassess its spending priorities and how it influenced behavior.White House reporter Jim Tankersley explains why getting the government to encourage the right decisions will be so difficult.Guest: Jim Tankersley, a White House correspondent for The New York Times.Background reading: A chapter in the new Economic Report of the President focuses on the growing risks to people and businesses from rising temperatures.In theory, funding the government takes place in two major stages. But it’s a fraught and complicated process. Here’s a step-by-step guide.For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
Chapters
A recent report by the Biden administration suggests that current governmental policies are encouraging Americans to make increasingly risky decisions in the face of climate change, thus leading to a more dangerous and expensive future.
00:00 - 06:59 (06:59)
Summary
A recent report by the Biden administration suggests that current governmental policies are encouraging Americans to make increasingly risky decisions in the face of climate change, thus leading to a more dangerous and expensive future.
EpisodeShould The Government Pay for Your Bad Climate Decisions?
PodcastThe Daily
The Biden administration and a report from the White House recognize the government's role in helping people, especially those in poverty, adapt to the challenges of climate change.
06:59 - 14:46 (07:47)
Summary
The Biden administration and a report from the White House recognize the government's role in helping people, especially those in poverty, adapt to the challenges of climate change. The government will need to use its existing systems to assist individuals and communities in making smarter decisions in the face of climate change.
EpisodeShould The Government Pay for Your Bad Climate Decisions?
PodcastThe Daily
A report suggests that the federal government needs to inform people about their risks and adapt to climate change by providing data and incentives that either reward or punish communities based on whether or not they're preparing for climate change.
14:46 - 24:40 (09:53)
Summary
A report suggests that the federal government needs to inform people about their risks and adapt to climate change by providing data and incentives that either reward or punish communities based on whether or not they're preparing for climate change. This would keep the government from paying huge costs and create a much broader risk pool.
EpisodeShould The Government Pay for Your Bad Climate Decisions?
PodcastThe Daily
TikTok CEO, Shou Chiu, testified for five hours in Congress where lawmakers berated the company for being a tool of the Chinese government.
24:42 - 27:00 (02:18)
Summary
TikTok CEO, Shou Chiu, testified for five hours in Congress where lawmakers berated the company for being a tool of the Chinese government. Chiu defended TikTok, claiming that it is an independent company and that they have protected the data of American users by not allowing it to leave the US.