Arnold Schwarzenegger: ‘No one gives a s— about’ climate change — this is what it should be called instead
Austrian-US actor, filmmaker, politician and activist Arnold Schwarzenegger gives a speech during the opening ceremony of the R20 Regions of Climate Action Austrian World Summit in Vienna, Austria, on May 28, 2019.
Georg Hochmuth | Afp | Getty Images
Arnold Schwarzenegger says the global effort to mitigate the effects of climate change is being crippled by its fundamental communication problem.
“As long as they keep talking about global climate change, they are not gonna go anywhere. ‘Cause no one gives a s— about that,” Schwarzenegger told CBS’ “Sunday Morning” correspondent Tracy Smith in a profile that aired Sunday.
“So my thing is, let’s go and rephrase this and communicate differently about it and really tell people — we’re talking about pollution. Pollution creates climate change, and pollution kills,” Schwarzenegger said.
The 75-year-old bodybuilder, actor, and former governor of California has become a public voice about climate change through his role as the host of the Austrian World Summit, a global climate change conference.
“I’m on a mission to go and reduce greenhouse gases worldwide,” Schwarzenegger told CBS, “because I’m into having a healthy body and a healthy Earth. That’s what I’m fighting for. And that’s my crusade.”
Anthropogenic global warming is caused by an increase of greenhouse gases, including carbon dioxide, in the atmosphere. Carbon dioxide is released when fossil fuels such as coal and oil are burned.
As long as they keep talking about global climate change, they are not gonna go anywhere. ‘Cause no one gives a s—about that.
Arnold Schwarzenegger
Bodybuilder, actor, former governor of California
The momentum toward fighting climate change has grown in recent years. The global investment in producing clean energy — that is, energy that doesn’t generate greenhouse gases — is surpassing the global investment in fossil fuels, according to the International Energy Agency. In 2023, $1.7 trillion is expected to go into clean technologies, including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. That’s more than the approximately $1 trillion expected to go into coal, gas and oil, the IEA said in a report released Thursday.
Still, the emissions generated from energy globally are still rising, although by only 1% in 2022, which was less than feared, the IEA said in March.
With global carbon emissions at record highs, there is a 50% chance that in nine years global warming will exceed the target of 1.5 degrees Celsius above pre-industrial levels that was established by the Paris Climate Accord, according to the annual update published in November by the Global Carbon Project, an international scientific collaboration that measures carbon emissions.
Efforts to address climate change have increased substantially but are still insufficient.
In the United States, 54% of adults view climate change as a major threat to the country’s well-being, according to survey data from Pew Research Center. That nationwide average includes a substantial split along party lines. Almost 8 in 10 Democrats, 78%, say climate change is a major threat to the country’s well-being, and that’s up from 58% a decade ago. Meanwhile, only about 1 in 4 Republicans, 23%, say climate change is a major threat to the country’s well-being. That’s nearly unchanged from the 22% of Republicans who said climate change was a major threat in 2013, according to Pew Research Center data.
On May 16, USA Today published an op-ed Schwarzenegger wrote in which he called for the environmental movement to adapt to changing times, which he said includes rebranding of communications surrounding climate change and embracing growth that involves clean energy projects.
“We need a new environmentalism based on building and growing and common sense. Old environmentalism was afraid of growth. It hated building. Many of you know this style — protesting every new development, chaining yourself to construction equipment, and using lawsuits and permitting to slow everything down,” Schwarzenegger wrote in the op-ed.
“[T]oday I call for a new environmentalism, based on building the clean energy projects we need as fast as we can. We have to build, build, build,” Schwarzenegger wrote.
Technology
Nvidia positioned to weather Trump tariffs, chip demand ‘off the charts,’ says Altimeter’s Gerstner
Altimeter Capital CEO Brad Gerstner said Thursday that he’s moving out of the “bomb shelter” with Nvidia and into a position of safety, expecting that the chipmaker is positioned to withstand President Donald Trump’s widespread tariffs.
“The growth and the demand for GPUs is off the charts,” he told CNBC’s “Fast Money Halftime Report,” referring to Nvidia’s graphics processing units that are powering the artificial intelligence boom. He said investors just need to listen to commentary from OpenAI, Google and Elon Musk.
President Trump announced an expansive and aggressive “reciprocal tariff” policy in a ceremony at the White House on Wednesday. The plan established a 10% baseline tariff, though many countries like China, Vietnam and Taiwan are subject to steeper rates. The announcement sent stocks tumbling on Thursday, with the tech-heavy Nasdaq down more than 5%, headed for its worst day since 2022.
The big reason Nvidia may be better positioned to withstand Trump’s tariff hikes is because semiconductors are on the list of exceptions, which Gerstner called a “wise exception” due to the importance of AI.
Nvidia’s business has exploded since the release of OpenAI’s ChatGPT in 2022, and annual revenue has more than doubled in each of the past two fiscal years. After a massive rally, Nvidia’s stock price has dropped by more than 20% this year and was down almost 7% on Thursday.
Gerstner is concerned about the potential of a recession due to the tariffs, but is relatively bullish on Nvidia, and said the “negative impact from tariffs will be much less than in other areas.”
He said it’s key for the U.S. to stay competitive in AI. And while the company’s chips are designed domestically, they’re manufactured in Taiwan “because they can’t be fabricated in the U.S.” Higher tariffs would punish companies like Meta and Microsoft, he said.
“We’re in a global race in AI,” Gerstner said. “We can’t hamper our ability to win that race.”
Jaque Silva | Nurphoto | Getty Images
YouTube on Thursday announced new video creation tools for Shorts, its short-form video feed that competes against TikTok.
The features come at a time when TikTok, which is owned by Chinese company ByteDance, is at risk of an effective ban in the U.S. if it’s not sold to an American owner by April 5.
Among the new tools is an updated video editor that allows creators to make precise adjustments and edits, a feature that automatically syncs video cuts to the beat of a song and AI stickers.
The creator tools will become available later this spring, said YouTube, which is owned by Google.
Along with the new features, YouTube last week said it was changing the way view counts are tabulated on Shorts. Under the new guidelines, Shorts views will count the number of times the video is played or replayed with no minimum watch time requirement.
Previously, views were only counted if a video was played for a certain number of seconds. This new tabulation method is similar to how views are counted on TikTok and Meta’s Reels, and will likely inflate view counts.
“We got this feedback from creators that this is what they wanted. It’s a way for them to better understand when their Shorts have been seen,” YouTube Chief Product Officer Johanna Voolich said in a YouTube video. “It’s useful for creators who post across multiple platforms.”
WATCH: TikTok is a digital Trojan horse, says Hayman Capital’s Kyle Bass
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025.
Saul Loeb | Via Reuters
Technology stocks plummeted Thursday after President Donald Trump’s new tariff policies sparked widespread market panic.
Apple led the declines among the so-called “Magnificent Seven” group, dropping nearly 9%. The iPhone maker makes its devices in China and other Asian countries. The stock is on pace for its steepest drop since 2020.
Other megacaps also felt the pressure. Meta Platforms and Amazon fell more than 7% each, while Nvidia and Tesla slumped more than 5%. Nvidia builds its new chips in Taiwan and relies on Mexico for assembling its artificial intelligence systems. Microsoft and Alphabet both fell about 2%.
Semiconductor stocks also felt the pain, with Marvell Technology, Arm Holdings and Micron Technology falling more than 8% each. Broadcom and Lam Research dropped 6%, while Advanced Micro Devices declined more than 4% Software stocks ServiceNow and Fortinet fell more than 5% each.
The drop in technology stocks came amid a broader market selloff spurred by fears of a global trade war after Trump unveiled a blanket 10% tariff on all imported goods and a range of higher duties targeting specific countries after the bell Wednesday. He said the new tariffs would be a “declaration of economic independence” for the U.S.
Companies and countries worldwide have already begun responding to the wide-sweeping policy, which included a 34% tariff on China stacked on a previous 20% tax, a 46% duty on Vietnam and a 20% levy on imports from the European Union.
China’s Ministry of Commerce urged the U.S. to “immediately cancel” the unilateral tariff measures and said it would take “resolute counter-measures.”
The tariffs come on the heels of a rough quarter for the tech-heavy Nasdaq and the worst period for the index since 2022. Stocks across the board have come under pressure over concerns of a weakening U.S. economy. The Nasdaq Composite dropped nearly 5% on Thursday, bringing its year-to-date loss to 13%.
Trump applauded some megacap technology companies for investing money into the U.S. during his speech, calling attention to Apple’s plan to spend $500 billion over the next four years.
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