Global Warming Experts Make a Surprising Request, & 4 More Things to Know
Here's a quick rundown from the world of business and economics this morning: the things you need to know, and some you'll just want to know.
• Four of the world's leading experts on the science of climate change and global warming have sent a message to leading environmental groups and world leaders: Renewable energy like wind and solar isn't going to be enough to save us, and you'll all need to get behind safe nuclear power as a bigger part of humanity's energy solution.
• Speaking of energy, four MIT engineering students have developed a prototype for an invention that could take a nice bite out of our heating and cooling bills: Wristify is essentially a wearable climate control device that tricks your body into feeling cooler or warmer, depending on your preference, using what physicists call the Peltier effect. (Given that it could also help solve the age-old problem among couples in which, at the compromise thermostat setting, one is always too hot and the other too cold, we look forward to seeing Wristify move from prototype to mass-market phenomenon.)
%VIRTUAL-article-sponsoredlinks%• Johnson & Johnson (JNJ) will pay more than $2.2 billion to settle criminal and civil claims that it marketed its antipsychotic drug Risperdal and other medications for off-label uses and paid kickbacks to a large pharmacy, the Department of Justice said Monday. The deal will be one of the largest health care fraud settlements ever.
• Thanks to the booming popularity of coconut water among a certain segment of health nuts, the world is heading for a serious coconut shortage. Demand is rising at 10 percent a year, while production in Asia is growing by just 2 percent. And, as our friends at Quartz explain, a large fraction of Asian coconut palms are past their prime producing years.
• And finally, we're fascinated by the way The Wall Street Journal's media and marketing editor figured out a way to subscribe to HBO without paying for a raft of other cable channels he didn't want. But before you jump at the chance to follow in his footsteps, we must note that, as the fine folks at Gawker point out, his clever workaround isn't exactly genuine cord-cutting, and it isn't really saving him that much money.