Jun 18, 2014|
Insurance companies reportedly believe climate change is real and to emphasize their conviction they are preparing to sue towns and cities who are not preparing. Could it happen here, if we don't find the money to restore our wetlands? Garland was joined by Michael Gerrard, Andrew Sabin Professor of Professional Practice & the Director for the Climate Change Law at Columbia Law School.
Should drug addiction in the city be treated as a health issue or drug issue? More deaths due to overdose in New Orleans than homicide. This hours guest: Dr. Jeffery Rouse - Orleans Parish Coronor
Bernie Sanders said he’s going to push his plan for a single-payer healthcare plan like Europe. He says Obamacare is costing us too much and the GOP can’t get their bill together to correct the problems. This hours guest: Michael Cannon - Director of Health Policy @ Cato Institute
OH CANADA! Could Canada be the next country to legalize recreational marijuana? Canada is proposing legislation that would legalize recreational marijuana by 2018. This hours guest: Chief Larry Kirk - Retired Chief ( Old Monroe Police Department, Missouri & member of LEAP (Law Enforcement Action Partnership)
Is an independent “select committee” necessary in the investigation of Russian hacking & possible collusion with Trump associates? This hours guest: Max Bergmann - Senior Fellow at Center for American Progress Steve Bucci - Director of the Allison Center for Foreign Policy Studies at the Heritage Foundation
Automatically Generated Transcript (may not be 100% accurate)
In pursuing. Story of stumbled on a couple of been pitched a couple of dollars. Looking for a show topic. Enders and -- I think most of those are aware of and a fourteen billion dollars breed -- -- museum built -- Our area -- -- try to keep two of the golf club of New Orleans again. Well we bought also done in the -- of shows that -- say that those walls were initially intended to be. The -- is held a Padilla 500 you applaud or 500 years storm. Considerable 100 years. And that their inadequate for major storm or a major problems so we stole fates. Very group possibly be applauding again. Like Purdue glimpse of him in in some circumstances. Even perhaps worse. On top of that we've got. Drinking water supplies through and two weeks ago the mayor on the show. Probably a couple of years ago said. -- -- losing reporting percent I think it was a -- drinking water because we've got punched cracked all over the past -- And that -- two years ago so obviously it's a whole lot more now. He recently won two of the legislature for -- reached. Hotel motel tax for an increase property tax and so forth and so on because laws. We need all these infrastructure. Repairs and additions. That all -- susceptible to flooding. And for those that believed in global warming. Certainly susceptible to. Well he would do as you well know there have been worldwide debate. And during extreme on both -- -- totally believe that those that don't. Well in pursuing development that if that widens out you could become common I would say. Takes your argument -- for months and government. And and will force us to do it could be liberal and we're gonna talk to as many experts. But done. Performers in church group pretty large group. Named 200. Municipalities. And then nine. Class action lawsuit. Nine class action lawsuit filed. Concerning 200 cities. And they're basically saying. You're prepared we need the insurance industry. Totally believes in climate change and we think it's coming we think it's real. We think it's gonna get worse. And more -- gonna pay the bill if you haven't done everything in the world protectors. To better understand. Who -- might -- and whether or not this just state their release small issue where there is really important for all this. What do not talk to. Michael -- Andrew -- professor of professional practice. And the director of climate change law at Columbia Law School. Propulsion welcome to -- really do appreciate it to. Be here so that if -- this correctly. They're primarily filed its suburbs. West of Chicago. And then they've protracted. Than than they pulled it out and it's too complicated. Right time. But some of the commentators in the analysis and a -- says. -- shell shell out over the ball of states and cities and federal government saying. You better get prepared because we're not to pay the bill would you not prepare. -- -- -- -- -- -- That's about right pretty these insurance companies were getting a lot of property. Claims because people's people received flooding and and a lot of storm activity that took place in Chicago April 2013. Surveys to all of these municipalities and says that because that municipalities hadn't. Anticipated and prepare for heavy storms of that sort of sort it could be worse and -- climate change. The injuries were suffered work. Partly the fault of the towns and that the council at a -- portion of the talks. Is it -- to me it would seem very burn debris complicated. Couple years ago we -- a smaller -- in here thinking -- hurricane for very short period time. But it went up -- of New Orleans and to push the -- In two. A couple of towns and cities that it never really been -- before and did tremendous. Damage. Nobody said it was global warming but if you're an insurance company can you say this is evidence. And soon. Well as you said the Illinois case was withdrawn within just a few. Weeks after having been brought it's kind of mysterious like they brought it whether dropped so it but it would have been. Very -- lawsuit to break prepared to -- it was a shot across the I think -- I think what we will see more often. Is lawsuits that are brought against architects or engineers or builders there -- other folks who build structures that don't withstand. Weather events that might be foreseeable. And so far -- Hire an architect to -- arrows. For me and two years later -- -- washes away it was a storm that could have been a preventative and the architect and warn me that -- those might not hold up. That might keep interest lawsuit. Ended. Maybe I'm thinking this -- -- bird let's begin hearing New Orleans is an example. Were -- -- And we have the real possible -- floating from the ground sexual relations and -- titans. Where the real possibility. Of flooding -- Bob because you were lower than the gulf itself. If I'm an architect of parliament developer and I see one person. In my industry assumed. All these causes and a -- Don't know I moved to the North Shore don't moved to the higher areas in and just quit working in the -- -- there. Well I think what I would do before it would be to make sure that the contracts that was by customers explicitly say we are not promising that -- -- Hold that this building will be able to survive certain kinds or whether it is no secret that. New Orleans and the area around -- have this kind of vulnerability. And so you know good defense of that panel assumes everybody knows that it's the most important I think it happened. But I think it would be wise for. Architects and engineers supports and start putting its -- language in the contract so there was no question but that the buyers are aware that there are some extra -- I'm looking at something good I -- candidly say I don't really know it's a big deal but we ease. Or in such a bottle. Vulnerable position in this this date in the south in particular New Orleans. Not only would blow saleable. We were thinking we've got a very big -- problem. And even fourteen billion dollar plus wall was built round as isn't enough for a major storm. So we're under constant threat to. Being taken over by the -- like we want war. And one of the things that one of the reasons I'm doing the show over and in reading about other topic so -- stumbled. On a very large insurance company. A sued. A number municipalities. Outside of Chicago. Because they said they believed in climate change. And global warming. And public developed in the majority of large. Insurance industry's about and do -- believe in global warming. And it if it seemed like it may threaten costs and other cities and individuals as well. And a veteran standard and make sure we don't go with the hyperbole to review of torture. And stood try to get the science -- Briefly we have a professor. Professional practice and director of climate treaty in law Columbia Law School. A proposed from Michael drew roared. Professor at. We've kind of a strange thing being that came in with the new blood map. And they basically said all the self we told you right down to -- and those have been -- trails up to a certain height. That's no longer true re drawing the maps. And -- that helped to sell which they couldn't because from aborted. Yeah. The house at that point or the insurance rate from going that taught. They couldn't afford to put -- If if that kind of thing happen where insurance rates. Or going up so -- that somebody can't. Bill that helps higher or reinforced business. Would they be susceptible to a lawsuit that says you didn't prepare. Well I don't think that the individual homeowner would would be. He would be some Tibet backward could be a problem they can't pay their mortgage because but he can no longer live and perhaps you know congress to demand the -- the -- -- shortly late 2012. Shortly after her cancer and 82. Provide to their rates to go and the rates were going so high that congress repealed -- -- Moscow on the and the president signed the purple or repealing. So right now that's not happening the disk in the compact because there are a lot of homes that receive. -- flood insurance that are very vulnerable deficit in the total -- insurance program is soaring and at some point. Somebody's and I have to appeal that in the great -- Google. And we've got I think it sporting pursuit plots of the people. Now living on the shoreline Norton lecture rivers in this country. Is that this could really affect a huge amount of the population -- not. There are massive populations and massive amounts of economic activity in areas that are very vulnerable to. Cuba or some recent reports are that by the end of the century that's the car on average will be at least receive higher than it is now it might be. Even -- that depending you know that it happens and Antarctica and Greenland so there are lots of people on. The court appointed the United States and many other countries have real vulnerability here. In this maybe some -- and you've you do more respond to boo -- when a listen to this. It sounds like -- circular problem worry everybody has -- point. Okay who got a global warming. Okay we need a billion dollars plus for a broken drinking more replied we don't tablet. I don't wanna pay more taxes I don't trust the politicians. But the money they have. Mean insurance companies it doesn't matter. We're gonna raise rates or we can assume. It -- do you -- do you hear an answer in that circle. Well part of it is that the more development is gonna move inland after the multiple areas. In the areas that are vulnerable there's going to be -- development that is. At an elevation orbit so the -- what protections so that it doesn't. To have competitors that are in the next storm. But ultimately there's no big particles and people can't look to to subsidize well -- federal government has subsidized. A lot of that. But there are many pressures on so. Tendency. Major problem that people only become pissed or investors expect the insurance company as Tuesday. Are very aware that for years insurance industry has been. Very conscious. -- climate change is happening it's there in the business of calculating risk -- -- -- determined that the risk of climate change. He's very high and they need to protect themselves. So doesn't that take -- the national debate between. Rush Limbaugh's in the Al Gore's. In general matter what you believe is the insurance companies believe it. And they control is very large section. Of commercial and residential Meehan as well real Tuesday. And they say there are not gonna pay the bill that Manger who wore them am I missing center. That's exactly right -- last -- federal subsidy likely to have with the federal flood insurance program where all taxpayers. It is a bill. The insurance companies are not gonna write that kind of policies that are gonna make their own. Risk calculations what is your expertise and people are not going to be able to. Eric continued to stay around at least it's. Finance homes get mortgages and convertible voters at least most states are willing to pretty sky high insurance -- And -- good we had a lot of people to -- -- -- world saying. You should live there your dealer picked up little ignorant you you build use in the city that pollutes the rubble. Receives a rising. Eventually sooner or later you're going to be need to leave. But I would submit the majority of even middle class people today. If they had to leave not sell holes because nobody wants to buy into regions being abandoned. Find another place to report Brooke totally impossible we probably a dust bowl. -- evacuations. Move and like the one to California -- in the third. Well I don't think it'll be that -- unless the commercials. There's another horrible event like Katrina. That that forces people. But that kind of thing is possible and that those sorts of major storms are happening with the greater. Intensity. And they used to. An -- that's not possible. Believe in him one use that. But again if the insurance companies or not waiting for Miami to give blood or not we did from New Orleans and gore under. You're not waiting for the cold killers of taxes would be inundated their due for a reason prices so you can report to big. It right there was still continue to be a lot of pressure on the federal government to to have higher and higher subsidies for the people who are living in the new polls vulnerable areas. We've got to pay your money out right right all we are we don't want to. It it seems like a a just a big circle of debate. Where everybody has a little bit of truth then it. But that the truth never seems to run into an answer. Nobody wants to -- Everybody wants it appeals to -- And that's an answer it's not an answer. About an answer and -- the the ended the day it may be. So the property owners who get who gets stuck with the bill which is very bad news for. It's it's ironic where -- we've all been in this big debate device don't believe that I believe that or I'm looking at and I'm not sure. The insurers companies could literally take Kuwait the debate in saying. We hold the money bags we -- get real we bring your blog and tell our shareholders. That they're gonna end up paying for your most. -- -- insurance companies over the years have played a major role is insisting. And health and safety improvements insurance companies. Our major reason we have mandatory seatbelts and we have smoke detectors and lots of other protections -- -- on the numbers they do the math and see what the real risks. And they want to risk to go down that's their business society has. It is better off as a result of the the risks that they warned us about unprotected it's against him there now focusing on climate change. Filter I can't figure enough for calling in. I initially thought I was making amount of -- ago. Now I think -- it is of concern to soon. Virtually everybody else in the country I appreciate your expertise and tell -- that. Our cover right back we'll talk to a group culture of wall that polish view. You've been listening to this open to boxing. I think I'm exaggerating. I think I'm. -- Newton. Communicating long -- or something that's really that big thing but at least according to the propels -- poem. Columbia Law School now it is big thing the insurance company. Or beginning they're showing evidence. That they're gonna raise rates. Because your shareholders. Or not going to pay for what the insurance companies believe it. And they believe in global warming and rising -- no longer the liberal conservative debate. This puts it -- to pop up with the money bad says he's not gonna give you anymore in fact he's -- charges. Are we get out of this.