The heat will make you poor first and other stories of the week

Akshat Rathi writes the Zero newsletter, which examines the world’s race to cut planet-warming emissions. He is the author of Climate Capitalism.

There's a lot of climate news to catch up on. With this edition of the newsletter, I'm trying an experiment to curate the stories that caught my attention. Please send feedback and reply in comments with links to stories that you found interesting.

If you don't think climate change will hurt capitalism, think again. India’s sweltering summer is the latest worry for companies already hit by slowing earnings growth and ongoing supply chain disruptions.

A father-daughter dynasty looms large in Texas oil and politics. The story of 80-year-old Tom Craddick and 54-year-old Christi Craddick reveals so much about the state that is the world's second largest-producing area.

A third of all carbon offsets on the voluntary market have failed a key credibility test. Many studies have shown credits that use renewable energy to claim to avoid emissions don't deliver what they promise. (Following our reporting many companies stopped buying these credits in the past few years.)

Energy efficiency for the win. In Augsburg, Germany, 500 homes will soon be heated using waste heat from a Rolls Royce factory.

Listen to Rebuilding Britain, a three-episode podcast from the London School of Economics. I spoke to Sepi Golzari-Munro and David Shukman for the second episode.

Chart of the week

A Brazilian oceanographer -- first woman and scientist -- was named secretary-general of the International Seabed Authority. That could slow the rush to strip-mine deep sea ecosystems for electric vehicle battery metals.

Tourism in a world wrecked by climate change. “People still feel guilty coming to Maui to celebrate in front of workers who have lost everything.”

Australia’s Great Barrier Reef faces the risk of near-annual coral bleaching with temperatures in surrounding waters found to have reached the highest in at least 400 years. Sigh...

Last week, we learned about how China's cement boom has ended. This week, David Fickling looked at how the decline in construction is reducing the demand for diesel.

Don't miss the latest episode of the Zero podcast, which is the final episode of a mini-series about the grid. Subscribe on Apple or Spotify to stay on top of new episodes.