As a boy, Hancock Whitney CEO John Hairston fished in the waters off Grand Isle, Louisiana, a well-used launching point for explorations of coastal estuaries.
After Hurricane Ida swept through the small town on Aug. 29, all but a handful of homes and businesses are uninhabitable, Hairston said in a recent interview. “Anything else is roofless or gone,” I noted.
Homes in Pointe-Aux-Chenes, Louisiana, were damaged by floodwater after Hurricane Ida. The Gulf Coast region was also struck by four hurricanes last year, prompting more focus on the effects of climate change.
Bloomberg
Read Also
- AMD loses ground, 83% of the GPU market belongs to Nvidia Aug 28, 2021
- Dominican construction company is recognized as Central American Company of the Year May 31, 2022
- Belgians lick the wounds: ‘The shame and sadness about the failed European Championship is deep’ | Euro 2020 Jul 4, 2021
- Pesticides: Glyphosate sales drop 10% in 2021 Nov 15, 2022
- Narbonne: Intercepted with more than 310,000 euros in 50 euro notes hidden in his car Nov 19, 2022
- Pesticides: Glyphosate sales drop 10% in 2021 Nov 15, 2022
- Wall Street closes with slight gains and the Dow rises 0.07% Jun 2, 2021
The effort to restore electricity to New Orleans will be measured in weeks. But more rural areas like Grand Isle could take years to recover, said Hairston, who grew up in nearby Mississippi.