Climate change ‘will take all of our focus,’ Hancock Whitney CEO says

Climate change ‘will take all of our focus,’ Hancock Whitney CEO says

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Climate change ‘will take all of our focus,’ Hancock Whitney CEO says

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

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.