A Historic El Niño Is Coming That Could Cost the World Trillions | Odd Lots
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Every few years, weather nerds and agriculture analysts will talk about an upcoming El Niño, and then they mostly pass by with relatively few headlines. But sometimes El Niños end up being massively destabilizing -- leading to devastating droughts, flooding, and other catastrophes. And this year's emerging El Niño could end up being one of the big ones, with forecasters predicting record-breaking intensity. But what exactly is an El Niño, and what does it mean that this year's could be so big? On this episode we speak with Justin Mankin, professor of geography at Dartmouth and director of the Climate Modeling and Impacts Group. We discuss the forecasting of El Niños, and why they can lead to large and long-lasting economic damage. Chapters: 00:00:00 - Cold Open 00:02:06 - El Niño in Financial Markets 00:04:53 - What is El Niño? - Scientific Explanation 00:10:01 - El Niño Drivers and Patterns 00:13:26 - Current El Niño Forecast 00:16:32 - Historical Discovery of El Niño 00:20:
Tags: Joe Weisenthal, Tracy Alloway
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