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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

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The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
climate change

Energy Secretary Rick Perry to Hecklers: Fossil Fuels Save Lives

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Natasha Bach
Natasha Bach
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By
Natasha Bach
Natasha Bach
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September 26, 2017, 6:27 AM ET
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Energy Secretary Rick Perry has news for those who don’t like the Trump administration’s climate policies: fossil fuels save lives.

On Monday, an address by Perry to oil industry executives was interrupted by hecklers who were protesting the Trump administration’s environmental policies and skepticism of climate change. Perry did not back down from the criticism, however. Instead, he asserted that “this industry is leading the world in affecting the climate and affecting the climate in a positive way.”

Read: How Trump Could Get His Way With the Paris Agreement

He continued, “I’m proud to be a part of this industry. You want to talk about saving lives that’s what we’re doing,” according to Bloomberg. Perry contended that coal is being replaced by liquefied natural gas, which emits less carbon. Furthermore, he said, increased access to energy is saving lives in developing countries.

Read: The World’s Largest Chocolate Maker Is Committing $1 Billion to Fight Climate Change

Perry’s stance on climate change has historically been skeptical. Initially, he denied climate change entirely, calling the science behind it a “contrived, phony mess.” Once nominated to Trump’s cabinet, however, his views have changed slightly. Perry now acknowledges that global warming is real, but has questioned the extent of humanity’s role in its perpetuation.

In early September, Perry called the effects of climate change “secondary” to the cause of Hurricane Harvey. He told CBS News that despite record-breaking rainfall and warming seas “we can line up scientists on both sides” of the debate.

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