When it comes to addressing climate change, the Earth's oceans need to have a larger role in our efforts to combat the crisis, according to Phillippe and Ashlan Cousteau, co-authors of Oceans for Dummies, and the sea is in fact "central" to the discussion.
"When you think about our planet, 71 percent is ocean, so right there we have a lot of space to cover. And really, our ocean has done us a huge service by actually absorbing about a third of the carbon emissions that we have put into our atmosphere through the burning of fossil fuels," Ashlan Cousteau said.
She explained that while the ocean acts as one of our first lines of defense, it has become overwhelmed, the waters have become acidic, and as a result, crucial resources at the bottom of the food chain have been significantly impacted.
The couple also agreed that one of the biggest misconceptions about the ocean is that it's "too big to fail" but in reality, it is already failing. One of the biggest indicators that the oceans are in dire need of restoration is the fact that they are warming.
"In some cases, we talk about climate 'weirding' or certainly climate change, it's because of the function of the ocean and how it moves heat around the planet. As it's warming, that is being impeded and thus our entire planet is changing with disastrous consequences," noted Phillippe, the grandson of legendary undersea explorer Jacques Cousteau.
Furthermore, not only are humans distorting the physical makeup of the ocean, we are also depleting food resources through excessive fishing, said the duo.
The couple heads up the nonprofit organization EarthEcho International where the mission is to empower global youth populations and educate them so they can set out to "restore and protect the ocean and planet."
"Fundamentally, what it's about is recognizing the next generation is optimistic and determined, and we can't build an effective global environmental movement and grow that movement without targeting education and youth empowerment," Phillippe said.
As President Joe Biden hosts world leaders in a virtual climate summit to establish goals to keep warming at bay, the Cousteaus are hoping the role oceans play in the fight against climate change gets prioritized.
"I think that a lot of times the ocean has been left out of our planet conversation, out of our save the planet, and out of the climate crisis," Ashlan said. "So, we really do hope that people are coming around, and we think that they are. Literally, there is a wave of people that see the ocean now as one of our best ways to save us."
President Joe Biden called for a war crimes trial against Russian President Vladimir Putin and said he’d seek more sanctions after reported atrocities in Ukraine.
Catching you up on what you need to know on April 4, 2022, with reports of Russian war crimes in Ukraine, a weekend shooting in Sacramento killing six and injuring 12, Mexico ending its gas subsidization for U.S. drivers, and the University of South Carolina winning the women's NCAA basketball championship, and more.
Peter Zalzal, associate vice president for clean air strategies at the Environmental Defense Fund, a nonprofit environmental advocacy group, joined Cheddar to discuss the Biden Administration's unveiling of stricter fuel-efficiency standards for new automobiles. "The administration estimated that these rules will reduce about 2.5 billion tons of climate pollution by 2050, and using less fuel also means that we have to go to the gas pump less often. And so it means we save money, thousands of dollars in avoided fuel costs each year for consumers," he noted.
The relatively robust March jobs report showed that despite the low unemployment rate, Black, Hispanic, and women job seekers are still having difficulty finding work. William M. Rodgers III, the vice president and director of the Institute for Economic Equity at the Federal Reserve Bank of St. Louis noted that participation rates in the labor force ticked up for minorities, adding to other positive signs of growth. He also spoke to Cheddar News to discuss further the jobs figures, the state of the labor market, and rising inflation.
U.S. markets opened higher to kick off the second quarter, despite a miss on the March Jobs Report. The economy added $431,000 in the month, slightly lower than the $490,000 analysts had expected. The unemployment rate also ticked down to 3.6% from 3.8%. Kevin Simpson, Founder & Chief Investment Officer, Capital Wealth Planning joined Cheddar's Opening Bell to discuss.
President Biden is going after billionaires in his 2023 budget request to congress. The proposal would establish a 20% minimum tax rate on all households worth more than $100 million, as well as raise the corporate tax rate from 21% to 28%. Rhett Buttle, Small Business for America's Future Senior Advisor, Business Policy Expert & Biden Campaign Business Advisor, breaks down the proposal, what it aims to accomplish, and how small businesses might feel about it.
The Biden administration has announced the U.S. will accept up to 100,000 refugees fleeing the war in Ukraine and provide more than 1 billion dollars in new funding for the growing humanitarian crisis. The move comes as President Biden meets with his western counterparts in Europe to demonstrate a united front against Russia and show support for Ukraine. Altagracia Pierre-Outerbridge, Immigration Attorney for Outerbridge Law, explains how this is going to work.
The DOJ has endorsed an antitrust bill targeting tech giants like Apple, Amazon, Meta, and Google. The legislation would ban the companies from favoring their own products and services over their competitor's, making it more difficult them to dominate the marketplace. Greg Day, Assistant Professor of Legal Studies at the University of Georgia, breaks down the bill and its potential impact on anti-competition in the tech sector.
