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Capitalism can’t solve a climate crisis in a collapsed world, says UN’s Inger Andersen

Will the free market still work in a future world ravaged by wildfires, droughts, floods, and mass movements of climate refugees? "We cannot have capitalism in a collapsed world," says UN Environment Programme head Inger Andersen, who predicts COVID's disruption on the economy is a mere prelude of the damage climate change will do to coastlines, food systems, water, and infrastructure in general. Watch her interview with Ian Bremmer on GZERO World.

Watch this episode of GZERO World with Ian Bremmer: Surviving a warming planet

Texas grid shows need to fix infrastructure in US; RIP Rush Limbaugh

Ian Bremmer discusses the World In (more than) 60 Seconds:

What's happening in Texas?

Speaking of weird weather, my goodness yeah, I didn't know this was coming up here. Yeah, it's cold, right? There's snow. It looks horrible and millions of people without energy and of course that is because the level of infrastructure investment into the Texas grid is well below what it needs to be. There's a lack of integration. Texas' grid largely stands by itself. It is not under the authority of or coordinated multilaterally with broader energy infrastructure. And there has been a lot of investment into renewables in Texas. It is certainly true. They've been very interested in that. Sped up under former Governor Perry but still the vast majority of electricity is coming from fossil fuels. It's coming from coal and mostly oil and gas.

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