As part of a campaign to pressure CNBC to improve its climate change coverage, mobile billboards are circulating the financial districts of New York City and Chicago on Thursday and Friday. However, rather than airing accurate information on how prominent business leaders use climate science to optimize their risk management strategies, CNBC has continued to air people denying climate change entirely.
The campaign by Media Matters, Forecast the Facts, and Environmental Action was hosted on fuel-efficient trucks to highlight Media Matters' studies finding that the majority of CNBC's relevant coverage casts doubt on the basic scientific consensus that climate change is real and manmade. So far, CNBC has not shown any signs of improvement -- even after a 45,000-signature petition called on CNBC to improve its coverage.
Most recently, CNBC hosted Joe Bastardi, whose arguments for climate change denial have been called "utter nonsense," "very odd" and "simply ignorant" by scientists, to discuss Super Typhoon Haiyan. When another meteorologist noted that rising sea levels have worsened the damage from storms such as Haiyan, Bastardi -- who has claimed contrary to basic physics that carbon dioxide "literally cannot cause global warming" -- predictably dismissed the greenhouse gas connection:
CNBC's Joe Kernen reacted to news from the Indian central bank by forwarding a number of racial stereotypes against Indian-Americans.
On September 20, India's central bank unexpectedly raised interest rates by a quarter percentage point to address concerns over inflation.
Reacting to the news and its effect on exchange rates on the September 20 edition of CNBC's Squawk Box, co-hosts Joe Kernen, Becky Quick, and Andrew Ross Sorkin turned the discussion to the rupee. After Quick noted that she still had rupees left from a recent trip to India, Kernen repeatedly stated the name "Gandhi" -- whose likeness appears on the rupee -- in a stereotypical Indian accent and later asked, "Are they good at 7-11?"
After Quick told Kernen his comments were insulting, Kernen apologized, saying, "I'm sorry, I take it back. I apologize, before I have to."
Here's a full transcript of the exchange:
QUICK: I think I have rupees in my wallet right now.
KERNEN: From your trip?
QUICK: No, I think I honestly do from the last time I was in India.
QUICK: Yeah, I think I might. Hold on.
KERNEN: You got a rupee in your wallet?
QUICK: I think I do.
SORKIN: That sounds a little, um.
KERNEN: You've got to be kidding. There is the rupee chart, just in case you were wondering where the rupee is. The dollar had been soaring, look what happened when we said we were going to keep pumping.
QUICK: I do.
KERNEN: Becky's got a rupee.
SORKIN: A rupee!
QUICK: Here's a fifty and a ten.
SORKIN: How much are those worth, do we know?
QUICK: I don't remember.
SORKIN: Look at Gandhi.
KERNEN: Well, ones worth ten and one's worth fifty, what do you mean?
SORKIN: Gandhi's on the rupee. Look at that.
KERNEN: Gandhi. Gandhi. Now. No, I can't make any jokes about that, I mean do they take -
KERNEN: No I can't do it. I was going to say something.
QUICK: Please don't.
KERNEN: I really can't?
QUICK: No, you can't.
KERNEN: Are they good at 7-11?
KERNEN: Alright, alright, I won't. Let's look at the - people say that all the time. Right? Oh, you're nervous.
SORKIN: They do. They do say that all the time.
KERNEN: They do. They say it all the time.
QUICK: It's insulting.
SORKIN: I've heard that.
KERNEN: It is. Alright, I'm sorry, I take it back. I apologize, before I have to.
UPDATE: In a statement to Mail Online shortly after Media Matters reported on his initial comments, Kernen apologized:
In a comment to Mail Online, Kernen said: 'Last Friday, I made an inappropriate and insensitive remark on Squawk Box. I apologize for any offense it caused.'
In the first half of 2013, a little more than half of CNBC's climate change coverage cast doubt on the consensus position that it exists and is manmade. In the three months since, little has changed -- in a disservice to its viewers, who will need to factor climate change into their long-term business planning, CNBC has continued to deny the science.
CNBC has rolled out a week of climate change programming. The special coverage comes after a Media Matters report finding that the majority of CNBC's climate reporting in the first half of 2013 was misleading, leading over 28,000 people to call for improved coverage in a petition organized by the advocacy groups Forecast the Facts and Environmental Action.
On Monday, CNBC host Carolin Roth reported on "CNBC's special week of climate coverage" on her daily news show Worldwide Exchange. Tuesday, Roth again mentioned the "special week on climate change" during a segment on shale gas. On the show, Emily Wurth from Food and Water Watch asserted that "we know that all climate scientists tell us that we need to keep fossil fuels in the ground and we can't drill for every last drop of oil and gas."
However, this special programming has so far been limited to Worldwide Exchange, while CNBC's worst offenders are still misleading their audience on climate change.
Climate change is "just kind of a scam analysis" by "high priests," according to some at CNBC. Rhetoric such as this is not uncommon at the cable business channel, as a new Media Matters report finds that the majority of its coverage of climate change casts doubt on the science behind it.
Watch as CNBC hosts and contributors attempt to counter 97 percent of climate scientists:
So who are these CNBC figures?
Joe Kernen, the co-anchor of Squawk Box, was the most vocal CNBC figure on climate change in 2013, frequently pointing to cold weather to suggest that global warming is not occurring. Kernen has long pushed climate science misinformation. In a 2007 segment, he cited the "The Great Global Warming Swindle," a movie that promoted discredited claims, to criticize singer Sheryl Crow and "An Inconvenient Truth" producer Laurie David for speaking to college students about climate change. In 2011, Kernen co-authored a book titled Your Teacher Said What?!: Trying To Raise a Fifth Grade Capitalist in Obama's America that compared climate scientists to "high priests" whose work should not be trusted.
The majority of CNBC's coverage in the first half of 2013 cast doubt on whether manmade climate change exists. However, denial is not prudent for the business professionals viewing CNBC, who can reduce risk and increase profits by analyzing how climate change is impacting their industries.
During today's Squawk Box, CNBC co-anchor Joe Kernen assisted guest Donald Trump's effort to push debunked claims about President Obama's birthplace by citing a supposed quote from Obama in which Obama purportedly suggested that he wasn't born in the United States. The quote is an internet hoax and was never said by Obama, who was born in Hawaii.
After reading the fake quote, Kernen said that "the question is whether there was a time in Obama's life where he thought it was, I don't know, more attractive to be a more international type guy and maybe didn't change the impression that he wasn't. I don't know." He sourced the quote to a "report that was on some of the conservative websites" and added that he hasn't "even confirmed it." Watch:
KERNEN: There is a weird -- in that same report that was on some of the conservative websites and I haven't even confirmed it, Donald, but there was a quote from one of his debates when he was running for state senator, I believe, and one of his opponents said, well, you know, you weren't -- this was at the time when it still -- the Kenya thing was still on some of his biographies or something and the guy said, 'Well, you know, you weren't even born here,' and he said, 'Well, it doesn't matter if I wasn't born here, I'm running for -- I'm not running for president' at the time. And it was a quote that looked like it was right from a debate. I don't know whether you saw it. I'm going to look it up right now.
TRUMP: There was a quote --
KERNEN: -- but from him. And almost so -- but the question is whether there was a time in his life where he thought it was, I don't know, more attractive to be a more international type guy and maybe didn't change the impression that he wasn't. I don't know.
The CNBC anchor appears to be referring to an internet rumor about an exchange that allegedly happened during a 2004 Illinois debate between Alan Keyes and then-state senator Obama during their campaign for the state's U.S. Senate seat.
However, an adviser to the 2004 Keyes campaign who attended the Keyes-Obama debates told Media Matters that the purported exchange is a "hoax."
Following the release of President Obama's proposal for the fiscal year 2010 budget, media figures and outlets have promoted a number of myths and falsehoods related to the proposal.
CNBC's Joe Kernen allowed Sen. Judd Gregg to advance the false Republican talking point that President Obama's income tax proposals would increase taxes on a large percentage of small businesses.
CNBC's Joe Kernen falsely claimed that President Obama "promised ... no more earmarks," while colleague Maria Bartiromo similarly asserted that "during the campaign, [Obama] said he would eliminate" earmarks. In fact, Obama promised to reform the earmark process and cut wasteful spending, not eliminate earmarks altogether.
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