The $10 Trillion Ocean

The world has never been wealthier... but a warm patch of ocean in the Pacific is about to reorganize the weather across four continents and all that wealth still might not be enough to cover the damages. Climate scientist Justin Mankin studies how much these events actually cost - and his estimates run to $10 trillion or more in global economic loss over the next five years. Big numbers, short timeframe, scary outlook. But the hardest question that Dr. Mankin brought up with us wasn't about how we're gunna pay for all of this, it's about what gets lost when we measure disasters in GDP instead of lives.

Do we want richer world or a better one?

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Timestamps:

(00:00) - Welcome and Guest Intro

(01:16) - Why El Niño Matters Now

(02:47) - El Niño and IOD Explained

(07:48) - Teleconnections and Predictability

(09:47) - El Niño Life Cycle and Timing

(11:53) - Defining Normal in Climate Data

(14:39) - How El Niño Is Measured

(22:19) - ONI vs RONI and Super El Niño Hype