Though firms may worry about profits now that Trump’s decision to let
the world boil in its own juices rather than offend the hydrocarbon
lobby (Coke may run out of water, Disney may run out of
themepark-goers), the latest report from UK nonprofit Carbon Disclosure Project
shows that companies are also privately exulting in the new
possibilities opened up by climate catastrophes and the ensuing hidden
misery.
For example, Apple speculates that people caught in disasters or forced
to live in refugee camps will love their Iphones: “As people begin to
experience severe weather events with greater frequency, we expect an
increasing need for confidence and preparedness in the arena of personal
safety and the well-being of loved ones. [Iphones] can serve as a
flashlight or a siren; they can provide first aid instructions; they can
act as a radio; and they can be charged for many days via car batteries
or even hand cranks.”
Wells Fargo looks forward to continuing its criminal and predatory financial practices
by extending credit to people whose homes are damaged or demolished by
floods, fires, etc: “Preparation for and response to climate-change
induced natural disasters result in greater construction, conservation
and other business activities. [Our company]has the opportunity to
provide financing to support these efforts.”
Home Depot predicts soaring demand for construction supplies in the wake
of disasters and more air conditioners and fans as temperatures rise:
“[We will see] higher demand should temperatures increase over time.”
Google thinks that Google Earth will grow along with curiosity about
disasters around the world: “If customers value Google Earth Engine as a
tool to examine the physical changes to the Earth’s natural resources
and climate, this could result in increased customer loyalty or brand
value. This opportunity driver could have a positive impact on our
brands.”
