As the world demands that more and more polluters pay for carbon emissions, a financial mystery unfolds: What are the costs? Who is responsibe to pay for them? Who do you pay? How do you pay? And what are the potential impacts? In Carbon Shock: A Tale of Risk and Calculus on the Front Lines of the Disrupted Global Economy, veteran journalist Mark Schapiro attempts to answer these questions as he illuminates the struggle to pinpoint carbon's true costs, all while bumping up against the vagaries of the free market, the lobbying power of corporations, the political maneuverings of countries, and the tolerance of everyday consumers buying a cup of coffee, a tank of gas, or an airplane ticket. Along the way, Schapiro tracks the cost of carbon through the drought-ridden farmland of California, where higher temperatures are driving up the price of the food we eat, the prices farmers pay for crop insurance, and the impact on taxpayers.
Mark Schapiro explores the intersection of the environment, economics, and political power, most recently as a correspondent at the Center for Investigative Reporting. His work has been published in Harpers, The Atlantic, Yale 360, and other publications. He has reported stories for the PBS newsmagazine Frontline/World, NOW with Bill Moyers, and public radio’s Marketplace, and is the author of Exposed: The Toxic Chemistry of Everyday Products and What’s at Stake for American Power. He is also an adjunct professor at the University of California, Berkeley Graduate School of Journalism and at the Monterey Institute of International Studies.
In Carbon Shock, veteran journalist Mark Schapiro takes readers on a journey into a world where the same chaotic forces reshaping our natural world are also transforming the economy, playing havoc with corporate calculations, shifting economic and political power, and upending our understanding of the real risks, costs, and possibilities of what lies ahead.