Windfall: Profiteering From Global Climate Change
In his new book, Windfall, journalist McKenzie Funk visits five continents to bring back stories of the movers and shakers at the forefront of the emerging business of global warming. He introduces us to land and water speculators, Greenland secessionists hoping to bankroll their cause with newly thawed mineral wealth, Israeli snow makers, Dutch seawall developers, wannabe geoengineers, private firefighters, mosquito scientists, and others who stand to benefit (at least in the short term) from climate change. (See this short excerpt, in which he writes about a guy who launched the world’s first water-rights hedge fund.)
Windfall is fascinating, entertaining, and ultimately troubling as the author uncovers more and more evidence of what he calls the implicit “unevenness” of global warming, and the futility and/or unfairness of our approaches to dealing with it. I reached Funk at his home in Seattle to chat about California’s impending drought, why man-made volcanoes won’t save us, and how Hurricane Sandy (figuratively) blew him away.
Q. Mother Jones: How do you supposed your water hedge-fund guy, John Dickerson, feels about California facing its worst drought in 40 years?
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