Saturday, June 1, 2024

Phoenix is hot and only getting hotter

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership.

Phoenix Is Facing a Hurricane Katrina of Heat. It's Not Alone. — Mark Gongloff

Photographer: Brandon Bell/Getty Images

In his must-read book The Heat Will Kill You First, author Jeff Goodell talks to an Arizona State University infrastructure expert about the likelihood of a "Hurricane Katrina of extreme heat," an event in which a power failure during a heat wave kills thousands of people, with government authorities dangerously unprepared.

The expert calls such an event about as likely as another intense hurricane hitting New Orleans: "It's more a question of when, not if."

As a matter of fact, a Heat Katrina may already be happening, just in slow motion. In Arizona's Maricopa County, home to the capital of Phoenix, nearly 2,000 people have died of heat-related deaths in the past five years. Built in a desert with limited water supplies and expanding rapidly, Phoenix, once called "the world's least-sustainable city," might be an extreme case. But it's also a cautionary tale of what to expect as the planet warms and tests the boundaries of human survivability.

Read the whole thing for free.

The Fed Thinks It's Fighting Inflation. Think Again. — Bill Dudley

The End of Greenwashing Is Now Within Sight — Michael R. Bloomberg

Private Credit and Mini-Millionaires Don't Mix — Shuli Ren

Market Is Weighing a Very Different Trump Verdict — John Authers

Everyone Wants Elon Musk's Attention — Matt Levine

Israel Will Always Be Held to a Different Standard — Marc Champion

India's State Sector Is Thriving. That's a Problem — Mihir Sharma

Slow-Moving Property Crisis Means Averting a Greater One — Robert Burgess

Biden Is the Best President That Business Can Hope For — Matthew Yglesias

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