Air conditioning. More than 61000 people have died in europe because of its records chattering heat wave last summer of 2022. And across the continent. Wildfire sprang up in portugal, spain, and france. And despite having the lowest carbon emissions, the global south bear is almost the entirety of the economic brunt of extreme heat. They are hit harder by heat ways and because theyre more economically vulnerable and lack the infrastructure to adapt to the extreme climates. July was the hottest month of our recorded globally further raising concerns about a future where children, especially those in the global south, will be more expected to face more and more frequent and severe heat ways. Babies, toddlers and malnourished children and pregnant women are the most vulnerable to shoot strokes and other serious effects the extreme. He can have a wide range of effects on people and economics. He ways kill crops and cause illnesses like heat strokes, but they also have other effects such as increased interpersonal aggression increase rates, a Workplace Injury and reduced mental performance. A 6 year study of inmates across 36. 00 correctional facilities without air conditioning and the mississippi found that on days of 27. 00 degrees, for probably a violent incidents rose dramatically by 20 percent. The study found that the world wealthy is region such as europe and north america experienced an average of 1. 5 percent loss of g d, p per capita per year due to extreme heat. Now by comparison, low income regions such as india and indonesia lost 6. 7 percent g d, p per capita last yearly. And children cannot quickly adapted temperature changes. And this can cause rapid heart beats. Cran, severe headaches, confusion, organs, failure, dehydration and for mental development. Asia experienced unprecedented heat ways this year with temperatures climbing as high as 45 degrees in ne, in more 44. 5 degrees in india. And 42 degrees in china with pilot allows breaking all time record highs. But while extreme heat is dangerous, extreme cold causes more fatalities. For every death link to heat 9 are connected to the cold. And interestingly enough, during the 2000 to 2019 period, while he related death rose deaths from cold exposures actually fell. And they actually decrease by larger amounts compared to heat related fatalities. And Overall Research as estimate that approximately 650000 fewer people worldwide died from temperature exposures during that time. Then of the 19 eighties and 19 ninetys. So to explain more about how he affects people and the economy, were enjoyed by david tail, co founder of pro chain capital. So now, as he was become more frequent and intense in recent years, could you provide an overview of the economic told that he was imposed on countries including both direct and indirect costs . Well, certainly heat waves. First and foremost have led to debts, which is, you know, the worst level of tragedy that we can have. Certainly beyond that, there are in massive economic tolls that we have. I mean, in addition to the loss of human life, weve had lots of vegetation, forrest animal life, so on which, but then you know, that there is the concern about, you know, the, the use of certainly, uh, cooling methods, air conditioning, and that obviously releases, uh, or is largely powered by carbon and meeting fuels and so therefore that leads to e. S g issues. And again, a vicious cycle with somewhat of Climate Change. You know, weve gone ahead and raised the temperature of cs all over the world. Were losing court. Ready re for losing species of, of the, you know, different types of aquatic life. And then there is the, you know, the issues of wood with such heat waves. A lot of i could not a normal Economic Activity becomes either more costly or, you know, more difficult to perform. And so, you know, the, the, the, the cost of, of travel becomes more, uh, more costly because, um, the, you know, the, the amount, the, your, your fuel efficiency goals goes down when you know, the, the, the, your, your automobile needs to work harder. Theres more friction between your tires and the road when the road is that much hotter and you know, a tourism drops because people dont want to come to a particular areas because the heat is so high. And then in terms of areas that are used to being much cooler, there is any increase of the need for air conditioning for cooling methods, that there never was before, particularly across europe. Weve seen that in mass where areas that have never, ever before, needed air conditioning or not having to go ahead and, you know, install air conditioning. So i think the, the ramifications are vast. And now which regions and countries are currently experiencing the most severe heat with impacts . What factors are contributing to their vulnerability to extreme heat events . I really dont think that we could talk about severity. I mean, the easiest way to talk about severity, excuse me, is certainly, you know, who is experiencing the highest temperatures. Right . Um, you know, if youre, if youre experiencing a triple digit summer, uh, you know, without any end in sight, like in texas, lets say certainly that severe, but you know, people that were used to much lower temperatures and are now see increased temperatures. They may not be the highest temperatures that we know of in terms of um you know, hitting peaks, but relative to what those areas have previously experience. They are extreme temperatures and they affect to everything thats going on in those areas. Um, you know, everything from every day commerce, people being able to be outside for extended periods of time. Um you know, to, you know, snow melt and water temperatures. Um and so i, i dont really think its appropriate to think about it. Um, on who is it, you know, in terms of severity in terms of whos getting the highest temperatures. Um, you know, because its relative to everyones, um, you know, area obviously for humanitys purposes and certainly we cant survive in certain after a certain temperature were not very yet, but certainly, you know, it is a possibility that we will get there. If we continue to go into the same trajectory, certainly in certain places on our hate, waves can have a devastating effect on agriculture. So how to prolonged periods of high temperatures impact crop yields Food Production and supply chains. And what are the implications for Food Security . And certainly were going to have to shift certainly the, the, the, the, the, the dependency that weve had in the past can, can no longer continue. Because areas that were previously for trial, for certain profits, certain times of the year, are no longer going to be, you know, that dependable. Were not going to be able to be sure that were going to get a really robust crop of, you know, whatever it may be, whether it be lead or oranges or, you know, cattle. Um, you know, because of the difficulties in the areas that until now have been the most fertile areas for those agricultural commodities. And we need to go ahead and shift we need to think about alternative areas we need to think about, you know, potentially indoor certainly, you know, indoor farming when it comes to a lot of these crops, certain things its, you know, its, its feasible for, but certain things just because of the sheer size, theres no way you could move them inside. So the question is, where can you move them . Where are they still viable on the planet . Where is there still, you know, a friendly climate environment for, for these, for these crops. And for these commodities, he ways can also stream the Energy System as cooling demand surges. So how do the energy and chris and infrastructure as cope with this increased electricity consumption . Jerry, he was and what measure is can be taken to ensure Consistent Energy reliability. So i think theres 2 ways to talk about this. We can talk about it with respect to our existing infrastructure and then how we need to go ahead and change our Energy Infrastructure with respect to our existing infrastructure. You know, a lot of places have been throttling, right . Ready have been rationing, how much power can be used, and thats not particularly good because there isnt increasingly, um, you know, there is an increasing demand for power for the reasons that you specified. And so that the, the, the current infrastructure comes under a lot of strain. And is often times not able to cope with it. We didnt for instance, this summer we didnt have any blackouts in the north east. We were, you know, quite fortunate. But there are certainly other areas in the United States where power rationing had to happen. And it is unfortunate especially, you know, when its incredibly. Ready hot, and so we, we need to, you know, find other sources of power other than, you know, are, you know, generally fossil fuel. Um, you know, generated electricity. And, and in addition, we need to go ahead and upgrade, you know, our power grids. They are not, you know, that they havent been invested in appropriately over the years. Its not something that people generally think about until there is a crisis. And at that point, sometimes its too late in some senses. And so therefore, we, we should be thinking about that now, especially if theres going to projected to be because of Climate Change. Theres going to be an increased strain on the existing Power Sources and the infrastructure, the power grid, or to deliver the power. And now some wages are heavily reliant on tourism are suffering from reduced to visit our numbers during heat waves. So how do extreme heat events influence a Tourism Industry and the local economies that depend on it . I think its very complex and im not saying that to avoid the question. I think that thats the truth. So for instance, this past winter in the United States, certainly across the rockies was one of the wettest, snowiest winters that weve seen in decades. A lot of all the time, snow fall averages, or im sorry, old type of snowfall records were broken this winter and you know, clearly thats, you know, could be attributable to Climate Change. That means that the sky industry uh benefited enormously. It was the highest level of year visits across the rockies this year. You know, that being said, what temperature is may warm and the jet stream may not be the same. And so therefore in a year where things are, you know, not as wet and dry and hot, the sky industry could be crippled. And so we may go in various places from extreme to extreme in terms of the of the, the, the tourism that there is in certain places. Its going to be consistent where its hot, its going to always be hot and its just going to continue to get dryer and hotter. And thats not good for tourism, because tourists are not going to, you know, find that pleasure filled and theyre not going to go ahead and vacation there after a certain point. But i think when it comes to other more nuanced things like snow fall or rainfall, or like, you know, dropped dried away and things of that nature. I actually think that its a much more complex issue. And im sure that you know destinations around the world or grappling with this on how to go ahead and at least figure a way to, you know, have some consistency. Because without consistency, its very difficult to plan. Its very difficult to invest because you dont know what your profitability is going to oclock. Thank you so much, david, but please stick around. A, david. Hell will stay with us right after the break. And when we come back, believe it or not, kline change has had a positive agricultural impact in certain countries. So dont go away. The theres no end in sight over how youre going to continue to destroy the earth. Is the case for the med, most of the people. I tried to go to the gym, but im certainly not ready to fight russia. This is also of soon. This is the 3rd world lunacy re washing press for. So the funder line likes to say, we have the tools while we just start with stability and business deal. So just let me, let me on that as we have very quick propaganda. You know a price here in your i think we dont know the aftermath any time that youre not allowed to ask questions, you should ask all of the questions. The more questions ask the better the answer is will be a starting 1983 session with my father on a young man. The site thats all exactly the same as a kid does. When he goes out in the lake and the communities present for advantage with ron real families, an allocation for a really long time. My mom was pregnant was me still long winding. And i grew up on long island. Ive been having this issue since probably 1970 was my 1st year that i seriously point into the explainable biomass is near historical levels. Growth rate have dropped falling when its done in its worst form, has a leveling effect. And it has a tendency to really just sort of strip away everything thats there. The wave fisheries are changing. Its the way our country is changing. Its increasingly hard for Small Businesses to make it abundant. Stocks are important. I mean, who wants to fish the last that the message i would leave to you is the importance of not giving up the importance of working together and also the importance of taking care of your corner of the ocean. The we are in the darkest, on one of the most ethnically and culturally diverse regions on the entire planet. As you make your way through the start, you will discover each region is known for its own unique arts and traditions. The across the World Climate change has been a nightmare of drought, desertification flooding and unbearable heat. But for a few nations, Climate Change will be a blessing. As the planets quote, us regions become more temperate and no country may be better position to capitalize on Climate Change. Then russia, like canada, russia is rich and Natural Resources in land with room to grow. Its Crop Production as well as out of canada. Scandinavia and iceland are expected to be boosted by the warming temperatures over the coming decades. Even as farm yields in the us, europe and india are all forecasted to decrease. For centuries, the vast majority of the eastern half a russia has been impossible to farm. But as the climate has begun to warm, the land has begun to improve across eastern russia. Wild forest swans in grasslands are slowly being transformed into grids for sweeping corn and wheat as a process that is speculated to accelerate with global warming. And in russia, grain and yield Production Outlook were revised upwards as a result of milder temperatures during winter and weather conditions during the spring of agriculture is newly possible in the north and the melting of Greenland Ice sheets will expose new areas for people to live farm and mine minerals, nukes, greenland is a city set to grow rapidly over the coming decades. Fisheries, there are experiencing a boost as they can fish year round. Now with warmer Ocean Temperatures that have drawn new fish species further north into greenland waters. Nuke, farmers are now harvesting new cups, including potatoes, radishes and broccoli. Global heating has also boosted sweetens per capita g d p by 25 percent. And as the new ice melt opens up the northwest passage, c route, it will connect the atlantic and pacific oceans. And this will make it open and navigable for shipping, cutting down shipping ties by around 40 percent. And this enables easier regional trade, tourism fishing and travel. So as he weighs in global warming, rex havoc on north america, europe and asia and the global south. The northern most territories are enjoy a boost to their economies causing a redistribution of power and well. And for more were bringing in again david, how co founder of pro chain capital. So can you elaborate on this phenomenon and discuss how previously inhospitable lands are becoming more suitable for cultivation . I dont think they were interested. I. Well, im thinking of places like, you know, the amazon rain forest and areas that previously were just, i dont, i dont know if they were on us privileges. They werent developed. And i think now, you know, as more development is happening around the world and certainly in um you know, the front what we call frontier markets, an emerging markets. There is an eye towards Economic Growth and efficiency. And so therefore, they are exploiting the resources that ive always been there that have been deemed quote in hospitable and now they are becoming much more so hospitable. But on the other hand, you know, we rely on those areas that have been inhospitable for, for lots of other things, like maintaining certain species that wouldnt otherwise exist. They would go ahead and, you know, they would cease to exist if they didnt have their habitats. So, you know, its kind of a double edged sword and sense of making these areas hospitable and certainly, you know, the sooner you exploit them and the quicker you exploit them. Uh, you know, the sooner that theyre going to go out of out of being, become extinct and, and were just going see a depletion and resources. And then the same thing. Many areas that were previously bred baskets of the world have now been dried up, and food scarcity is become a grim reality. So how can we efficiently allocate fluids so that the heat waves do not result in fluid scarcity . There are people, you know, certainly add government funded organizations and worldwide foundations that focus on this. And certainly they need to be thinking further out on the timeline and just, you know, today or the next year or so, because these issues are prevalent and theyre becoming more serious. And we have because of our planet being finite. They have a finite number of solutions for all this. And so the, you know, they need to be thinking about this now and they need to be thinking about it aggressively. And now some eco systems may undergo transformations as a result of heat ways. Are there any cases where shifts in species distribution or bio diversity has led to unexpected ecological consequences . I do, but im not going to be as negative as many people are. I think we as humans, are going to figure out good ways to adapt. I think some smart people are going to figure out a way to, you know, in a way make lemonade out of lemons. Youre going to take a very difficult situation and be creative about it. And yes, you know, some things that we, once had, you know, may no longer exist or exist in the same way that they existed. You know, certainly you dont want to see species of either, you know, animals or plants, you know, cease to exist and, and, um, to essentially not to be returned. Ah, you know, and go extinct. But i think that there are going to be ways for people with ingenuity um you know, to make a good thing out of this. I dont think. Busy is lost, i think were just going to have to conform to a new reality. Are there any initiatives exploring innovative ways to harness the energy generated by heat ways such as through thermal electric technology or waste heat recovery . I do believe that there is ingenuity out there, the people trying to go ahead and take the negative circumstances and create positive, you know, developments from them. And now as we look into the future, how can governments, industries and communities Work Together to address the escalating costs of new ways and build resilience against the challenges posed by rising temperatures . I think thats really hard. I think were on a trajectory of no return at this point. I think we, we all know what we kind of need to do. I dont know if Governments Holding each other accountable, you know, for promises that they make or targets that they are supposed to be reaching for either you care about, you know, the getting plotted or you dont. And i think at this point, most people know about the heating planet. I think they need, you know, and everybody will choose to do what it is that they do. I dont think its what its so its so productive spend of time or resources to go ahead and have a conversation with the seo or an executive of a company. We talks about reducing, you know, emissions, and then you know jets off on a private jet. You know, as opposed to being able to fly commercial i, i just, i think people are a bit too contradictory and i think a lot of the talk is worthless. What we need now is action, and i think, you know, people think people know what they need to do and they need to do it. Thank you so much for all your time today. David. Now as extreme hit slams, the worlds 3 biggest economies, all at once, the us, europe, and china. It is compound in problems for workers, businesses and the future of Economic Growth. A while there are many losers in this. The biggest loser of all are the women and the children and the elderly and the global south for most at risk. The impact is in order and it lead bigger for the poor who may not have access to cooley or water or trees for shade. Meanwhile, the biggest winters, on the other hand, are the northern countries where previously on farms land is suddenly lush and fertile, creating new Economic Opportunities for growth. Im christy. I. Thanks for watching and well see you right back here next time on the cost of everything. The take a fresh look around his life kaleidoscopic isnt just a shifted reality. Distortion by power to division with no real opinions. Fixtures designed to simplify will confuse really one say better wills, and is it just as a chosen few fractured images presented as 1st . Can you see through their illusion going underground can the same wrong just dont safe house because of the case and engagement equals the trail. When so many find themselves will support. We choose to look for Common Ground the a hi. Im receptive and im here to plan with you whatever you do. Do not watch my new show. Seriously. Why watch something thats so different. Little opinions that he wont get anywhere else. Welcome to please, or do you have the state department to see i a weapons bankers, multi 1000000000 dollar corporations. Choose your fax for you. Go ahead. Change and whatever you do. Dont want my show state main street because im probably going to make you uncomfortable. My show is called stretching time, but again, its not, we dont want to watch it because it might just change the wayne state the cause of just doing your work phone from dish that i mean is how could i escape when thats to be resolved to not get bored or to use my new uh thousands of on board of new cars or used to be unplugged. Why do i need to do that . Mostly the way of giving this new do they have uh business to speaking on the truck or yesterday, the 1st one being unemployed, so i see me in nevada. Let me just issue or go to the minneapolis so she left it over there so they brought him to the lady. And theres on his stay a set of keys. Im just wanting to see what the process is when they transferred to the problem was picked it up and put it on. Yeah. But as on your part from shade, they found it pretty said usually is i dont really know. Believe kids know the process for this and if they push up to the level of quoting and your school previously as i, you know, participate sort of as more details of my phone. I mean, i just want to know if i need to do is i have to go a little bit, it is a little over whats going on. So before we move, well work on your, your cell phones of all of these. And you know that because that gives you more of the tax on the future, and then a garner car box population are set. This starts in the as or by johnny city of you have loc, where a delegation of excellence armenians from the region has arrived. A company that by russian peacekeepers also have the the protesters in air van clash of police calling for the armenian Prime Minister to resign, accusing him of surrendering the region of newborn or car box to us or by john with no resistance. We will not accept the fact just to render. It wasnt the decision of ours citizens or appear media nationals even if there was a strong impression that western representatives are afraid of