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WASHINGTON — Coca-Cola has always been more focused on its economic bottom line than on global warming, but when the company lost a lucrative operating license in India because of a serious water shortage there in 2004, things began to change.
Today, after a decade of increasing damage to Coke’s balance sheet as global droughts dried up the water needed to produce its soda, the company has embraced the idea of climate change as an economically disruptive force.
“Increased droughts, more unpredictable variability, 100-year floods every two years,” said Jeffrey Seabright, Coke’s vice president for environment and water resources, listing the problems that he said were also disrupting the company’s supply of sugar cane and sugar beets, as well as citrus for its fruit juices. “When we look at our most essential ingredients, we see those events as threats.”
Coke reflects a growing view among American business leaders and mainstream economists who see global warming as a force that contributes to lower gross domestic products, higher food and commodity costs, broken supply chains and increased financial risk. Their position is at striking odds with the longstanding argument, advanced by the coal industry and others, that policies to curb carbon emissions are more economically harmful than the impact of climate change.
As I mentioned in other posts, I've bought a place in Vegas and have officially moved there (although I still spend a lot of my time traveling). Living in Vegas is a weird sort of loophole that most people probably aren't even aware of, so I figured I'd talk about why I decided to do it, and the unique advantages that Vegas presents.
If you work independently or remotely, Vegas is very likely to be a place you should consider moving. If doing so would require you to find a job, Vegas is probably not for you. The job market here is terrible, which is part of why this opportunity exists. That barrier is suppressing demand for housing.
The biggest reason to consider Vegas is the very low cost of living. There's no state income tax, and housing is cheap. Ridiculously cheap. My place would have cost approximately twenty-two times as much if I had bought it in San Francisco. Thats crazy! I bought a 1000 square foot place for under $45,000.
The thing that makes this amazing is the location. My place is six minutes from the airport, eight minutes to the center of the strip, twelve minutes from downtown, and five from Chipotle.