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WINDFALL

THE BOOMING BUSINESS OF GLOBAL WARMING

A well-written, useful global profile emphasizing concrete solutions rather than ideological abstractions.

A shocking account of how governments and corporations are confronting the crises caused by global warming.

After traveling to 24 countries and more than a dozen states and meeting hundreds of people, journalist Funk concluded that “existing [global] imbalances seem only magnified by climate change.” He found major international corporations like Shell and Chevron preparing to invest billions in oil fields made exploitable by retreating Arctic ice. He discovered Wall Street speculators and cash-rich countries like China assembling massive plantations in newly liberated Darfur and other African countries in expectation of coming food crises. He documents the international security-driven responses—building walls, using satellites and other forms of surveillance, and setting up detention facilities—to prevent refugees from famine and flooding in the Southern hemisphere from resettling in the wealthier countries of the Northern hemisphere. The author examines three different effects of global warming: melting ice caps and glaciers, droughts and desertification, and floods resulting from rising oceans. As polar ice retreats, new shipping routes and farmland open up. Greenland is set to become “an untapped Gulf of Mexico in the North Atlantic” and is already ranked in the top 20 of countries with oil reserves. In the western United States, Spain, Israel, and parts of Africa and Latin America, desertification and other effects of rising temperatures—e.g., devastating wildfires—are allowing speculators to put a premium on land ownership and acquire water rights in the expectation of future gains. Furthermore, Monsanto and BASF have filed more than 150,000 patents on the seeds of food plants, trying to lock up the genome. Funk contrasts these attempts to profit from global warming with more-or-less-feasible engineering approaches to mitigation.

A well-written, useful global profile emphasizing concrete solutions rather than ideological abstractions.

Pub Date: Jan. 29, 2014

ISBN: 978-1-59420-401-2

Page Count: 320

Publisher: Penguin Press

Review Posted Online: Nov. 25, 2013

Kirkus Reviews Issue: Dec. 15, 2013

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SEVEN BRIEF LESSONS ON PHYSICS

An intriguing meditation on the nature of the universe and our attempts to understand it that should appeal to both...

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Italian theoretical physicist Rovelli (General Relativity: The Most Beautiful of Theories, 2015, etc.) shares his thoughts on the broader scientific and philosophical implications of the great revolution that has taken place over the past century.

These seven lessons, which first appeared as articles in the Sunday supplement of the Italian newspaper Sole 24 Ore, are addressed to readers with little knowledge of physics. In less than 100 pages, the author, who teaches physics in both France and the United States, cogently covers the great accomplishments of the past and the open questions still baffling physicists today. In the first lesson, he focuses on Einstein's theory of general relativity. He describes Einstein's recognition that gravity "is not diffused through space [but] is that space itself" as "a stroke of pure genius." In the second lesson, Rovelli deals with the puzzling features of quantum physics that challenge our picture of reality. In the remaining sections, the author introduces the constant fluctuations of atoms, the granular nature of space, and more. "It is hardly surprising that there are more things in heaven and earth, dear reader, than have been dreamed of in our philosophy—or in our physics,” he writes. Rovelli also discusses the issues raised in loop quantum gravity, a theory that he co-developed. These issues lead to his extraordinary claim that the passage of time is not fundamental but rather derived from the granular nature of space. The author suggests that there have been two separate pathways throughout human history: mythology and the accumulation of knowledge through observation. He believes that scientists today share the same curiosity about nature exhibited by early man.

An intriguing meditation on the nature of the universe and our attempts to understand it that should appeal to both scientists and general readers.

Pub Date: March 1, 2016

ISBN: 978-0-399-18441-3

Page Count: 96

Publisher: Riverhead

Review Posted Online: Dec. 7, 2015

Kirkus Reviews Issue: Dec. 15, 2015

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REIMAGINING CAPITALISM IN A WORLD ON FIRE

A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.

A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.

Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.

A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.

Pub Date: May 1, 2020

ISBN: 978-1-5417-3015-1

Page Count: 336

Publisher: PublicAffairs

Review Posted Online: Feb. 16, 2020

Kirkus Reviews Issue: March 15, 2020

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