Bloomberg Businessweek LA Wildfires Burn Out of Control
13 snips
Jan 9, 2025 Wendy Schiller, a Brown University professor specializing in American politics, shares insights on Jimmy Carter's enduring legacy, connecting it to today's economic challenges and environmental policies. Louis Navillier, founder of Navellier & Associates, discusses market trends from the Carter era and contemporary implications. They explore the devastating LA wildfires, their ties to climate change, and the political responsibility for current energy solutions. The conversation also touches on the importance of trust in business amidst these pressing issues.
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State Power vs. Federal Funding
- States like California have the power to enact their own climate policies.
- However, they might lack the necessary financial resources to do so effectively.
Geothermal Energy
- Geothermal energy, while promising, has limitations in terms of location.
- Traditional geothermal requires specific geological conditions, while newer methods involve digging to access hot rocks.
Carter's Legacy
- Politicians are often driven by ambition, but Jimmy Carter prioritized a useful life.
- Carter's focus on tackling inflation, even at political cost, was a testament to his determination.
