Planet Money

When it comes to solar and wind power, renewable energy has always had a caveat: it can only run when the wind blows or the sun shines. The idea of a battery was floated around to make renewables available 24/7. For years, it existed as an expensive, little-used technology. Then in 2021, it took off. In this episode, we explore how this new energy market works in two states: California and Texas. In California, there is now enough grid-scale battery storage to power millions of homes — at least for a few hours — and it's growing fast. What does this success mean for the grid, and how did the state support it? Then, we visit Texas, whose approach is more free-market rodeo. The state has the second-most battery storage capacity in the U.S. And in Texas, their system was recently put to the test. So, can these large-scale batteries can help prevent blackouts? These two stories come from our sister show The Indicator, which recently reported a series [https://www.npr.org/series/1265481061/the-indicator-takes-on-batteries] about the electric battery market. Today's show was hosted by Cooper Katz McKim, Darian Woods and Wailin Wong. The original Indicator episodes were produced by Cooper Katz McKim and Corey Bridges, and edited by Kate Concannon. It was fact-checked by Sierra Juarez and engineered by Jimmy Keeley and Neil Tevault. Alex Goldmark is Planet Money's executive producer. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts [http://n.pr/PM-digital] or at plus.npr.org/planetmoney [https://n.pr/3HlREPz]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

After being sworn into office, President Trump signed a whole host of executive actions and orders that affirm his campaign promise to crack down on immigration. Trump's border czar has said Chicago is at the top of the list of places to be targeted. The city is expecting immigration raids, detentions and deportations. In the Little Village neighborhood, where the majority of residents are Mexican or of Mexican descent, people are on edge as they await what's next. Beyond the many people personally affected, past research suggests everyone could feel the impacts of mass deportation. On this episode of Planet Money we visit Little Village to see how the new administration is already having an impact. And then, we hear from an economist who looks to a recent chapter in mass deportation for insight into what the future could hold. Today's episode was hosted by Erika Beras and Amanda Aronczyk. It was produced by Willa Rubin with an assist from Emma Peaslee. It was edited by Kenny Malone, engineered by Cena Loffredo and fact-checked by Sierra Juarez. Alex Goldmark is our executive producer. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts [http://n.pr/PM-digital] or at plus.npr.org/planetmoney [https://n.pr/3HlREPz]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

The fires in Los Angeles are almost out. Residents are starting to trickle back into their burned-out neighborhoods. When they get to their houses, they face a series of almost impossible questions: Do we want to live here amongst all this destruction? And if we do, how do we even start? Today, we meet a father and son from Altadena who are confronting those choices. We pass through the National Guard checkpoints and enter the burn zone, where we see for ourselves all the challenges waiting for residents who want to rebuild. And we talk with an insurance adjuster about how the industry tries to value people's homes — and all of their possessions — after they have been reduced to rubble. For more on the California wildfires, check out our newsletter [http://npr.org/2025/01/22/g-s1-44265/california-wildfire-homes-insurance-prices-crisis]. We spoke with an economist who survived Oakland's wildfires in 1991 and has big ideas for how to rescue California from its insurance doom spiral. This episode of Planet Money was hosted by Sarah Gonzalez and Nick Fountain. It was produced by James Sneed and edited by Keith Romer. It was fact-checked by Sierra Juarez and engineered by Neil Tevault with help from Gilly Moon. Alex Goldmark is Planet Money's executive producer. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts [http://n.pr/PM-digital] or at plus.npr.org/planetmoney [https://n.pr/3HlREPz]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

Donald Trump is just about to begin his second presidency. And it may be safe to say that every single person in America has at least one question about what's to come in the next four years. So, we thought we'd try to answer your questions — as best we can — about the economics of a second Trump term. Is now the time to shop for new tech? Can Trump actually bring down grocery and oil prices? And, does the president have the power to get rid of NPR? This episode of Planet Money was hosted by Amanda Aronczyk. It was produced by Emma Peaslee and edited by Meg Cramer. It was engineered by Neil Tevault and fact-checked by Sierra Juarez. Alex Goldmark is Planet Money's executive producer. Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts [http://n.pr/PM-digital] or at plus.npr.org/planetmoney [https://n.pr/3HlREPz]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]

(Note: This episode originally ran in 2018 [https://www.npr.org/sections/money/2018/05/11/610516972/episode-841-the-land-of-duty-free].) Is it really cheaper to shop at an airport Duty Free store? And why are so many of them alike? In the 1940s, if you were flying from New York City to London or Paris you would find yourself making a pit stop for fuel on the western coast of Ireland. The Shannon airport at the time wasn't much to look at, but the passengers arriving there were movie stars and celebrities, basically the super rich. And the people of Shannon realized pretty quickly that they needed to upgrade the local amenities for their wealthy clientele. They hired a man named Brendan O'Regan to make it happen. Being the quick-thinking entrepreneur that he was, O'Regan convinced the Irish government to create a tax loophole. And thus, duty free stores were born. Today on the show, we follow the surprising origin of duty free, and try to answer the question: Are they really saving you any money? Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts [http://n.pr/PM-digital] or at plus.npr.org/planetmoney [https://n.pr/3HlREPz]. Learn more about sponsor message choices: podcastchoices.com/adchoices [https://podcastchoices.com/adchoices] NPR Privacy Policy [https://www.npr.org/about-npr/179878450/privacy-policy]