Doug McIntyre explains how corn crops in the Midwest are contributing to sweltering weather for 55 million Americans. As temperatures rise, corn emits water into the atmosphere, increasing humidity and, consequently, the heat index. This phenomenon, driven by climate change, has made the Midwest feel much hotter than the actual temperatures, turning 90-degree days into…
Doug McIntyre highlights the extreme temperature differences across the United States as evidence of climate change. While Oregon experiences a chilly 30 degrees, New York City swelters with a heat index of 101 degrees, and Phoenix hits 110 degrees. McIntyre explains that these variations are due to different weather patterns affecting the East and West…
Doug McIntyre discusses the slowdown in home price increases in Phoenix and Tampa, as indicated by the Case-Shiller Index. He suggests that rising insurance costs, driven by climate change and the increasing risks of hurricanes and extreme heat, may be affecting these markets. This trend could also impact Florida’s Atlantic coast, where high winds threaten…
Doug McIntyre discusses Honda’s skepticism about the U.S. market’s readiness for electric vehicles (EVs). Unlike Ford and GM, which have heavily invested in EVs with limited success, Honda believes the market isn’t mature enough for widespread EV adoption. Instead, Honda is focusing on hybrids, which offer better gas mileage and can recharge their batteries with…
Doug McIntyre reports on the alarming situation in Brazil, where thousands of wildfires are currently raging, threatening cities like Brasilia and São Paulo. Thick smoke from the fires has enveloped major urban areas, and the ongoing drought, high winds, and extreme heat suggest that the fires could continue for months. The Amazon is particularly vulnerable,…
Doug McIntyre discusses Canada’s recent decision to impose 100% tariffs on electric vehicles (EVs) from China, which also impacts Teslas produced in Tesla’s Shanghai factory. While Tesla’s market in China isn’t large, these tariffs, similar to those rising in the EU and the U.S., could present long-term challenges for the company. The tariffs were introduced…
Doug McIntyre discusses the alarming increase in heat-related deaths in the United States, with over 4,500 deaths recorded last year—a new record. He suggests that the actual number could be much higher, possibly around 20,000, due to underreporting and misattribution of causes of death. In places like Phoenix, where temperatures exceeded 110 degrees for over…
Doug McIntyre discusses rising concerns that some Americans might attempt to disrupt the US electricity grid to interfere with the upcoming elections. Previously, the focus was on foreign actors like Russia, but now there is fear that domestic groups could target the grid, potentially causing blackouts that could prevent people from voting or counting votes….
Doug McIntyre discusses Exxon’s projection that global oil demand will remain constant through 2050, contradicting expectations that renewable energy sources would reduce reliance on fossil fuels. Despite investments in nuclear, wind, and solar energy, Exxon believes energy demand will outpace the growth of renewables, leading to continued high levels of greenhouse gas emissions. This scenario…
Electricity prices for EVs are expected to rise due to the massive energy demands of artificial intelligence (AI). Doug McIntyre highlights the challenge Tesla faces as AI’s consumption of electricity could rival the total electricity usage of entire countries like Japan. This growing demand from AI, Bitcoin mining, and other sectors may drive up electricity…
Kyle, Texas, the second fastest-growing city in the U.S., is facing a severe water shortage. With a population of 67,000 expected to rise to 77,000 in five years, the city is struggling with limited access to water. This situation leads to water rationing, impacting both residents and businesses, especially those reliant on water for operations….
Phoenix is once again facing extreme heat, with temperatures surpassing 100 degrees due to a persistent heat dome over the southwestern U.S. This unseasonably high heat is causing multiple issues, including an increased risk of wildfires, challenges in finding shelter for those without air conditioning, and overcrowded emergency rooms as heat-related illnesses rise. Last year,…
Rivian, a small electric vehicle (EV) truck company, faces significant challenges after 50 of its trucks caught fire. This is particularly alarming as the company only delivers about 10,000 vehicles each quarter, making the incident a substantial setback. With the high cost of Rivian trucks at around $80,000, potential buyers are already cautious, especially concerning…
Doug McIntyre highlights the Toyota Prius as the best hybrid vehicle in the world, noting its long-standing reputation and consistent high ratings. Despite the growing popularity of electric vehicles (EVs), hybrids, particularly plug-in hybrids like the Prius, remain a top choice due to their extended range and reliability. The Prius, introduced in 1992, continues to…
Doug McIntyre and David Callaway discuss companies that sell long-term weather forecasts to hedge funds and traders, enabling them to make strategic bets on weather-related events. These companies charge hefty fees, claiming their forecasts provide a competitive edge. David mentions a London-based company that could geo-target assets for long-term climate forecasting, but it went out…
Doug McIntyre and David Callaway discuss the growing phenomenon of climate migration, where extreme weather events are prompting people to move away from vulnerable areas. They highlight the recent severe weather in Connecticut and North Carolina, where homes are being abandoned due to flooding and erosion. The conversation underscores the unpredictability of climate change, with…
Doug McIntyre discusses the potential danger Hawaii faces as 80-mile-an-hour winds approach dry areas on Maui and the Big Island, regions that experienced a devastating wildfire last year. He highlights that climate crises tend to recur in the same areas, and Hawaii’s remote regions lack sophisticated firefighting and irrigation systems. McIntyre warns that if conditions…
Doug McIntyre reports on a malfunction at a wind farm near Nantucket where a massive turbine blade broke off and washed ashore. He discusses the ongoing challenges of wind energy, highlighting that frequent malfunctions make these turbines difficult to maintain and finance. The need for significant investment in wind power is complicated by high operating…
Doug McIntyre discusses Ford’s struggle to sell the Mustang Mach-E, its electric vehicle model. To clear out excess inventory, Ford is offering 0% financing for 72 months, despite the financial hit of borrowing at a higher interest rate. The overproduction of the Mach-E has led to an oversupply, causing dealers to push for quick sales…
Doug McIntyre discusses the environmental threat posed by recent Houthi rebel attacks on oil tankers in the Red Sea. A recent attack set an oil tanker on fire, raising concerns about potential oil spills that could devastate the Red Sea’s coastline for hundreds of miles. These incidents not only endanger wildlife and human populations but…
Doug McIntyre discusses the extreme cold at Concordia Station in Antarctica, where temperatures have plummeted to 100 degrees below zero. While Antarctica is the coldest place on Earth, the station’s high altitude contributes to the severe cold. However, Antarctica is warming, with its edges melting and creating massive icebergs. This phenomenon is also occurring in…
