Senator Whitehouse comments on climate risk insurance at EPA nominee Zeldin confirmation hearing

Senate Environment and Public Works Committee Ranking Member Sheldon Whitehouse of Rhode Island says opening a confirmation hearing with nominee to be Environmental Protection Agency Administrator Lee Zeldin that climate risk creates a cascade of economic threats, starting with property insurance becoming unaffordable or unavailable, which leads to mortgage unavailability and property value crashes, particularly in coastal areas threatened by flooding and storms, as well as Western regions facing wildfire risks, potentially triggering economic collapse similar to the 2008 recession.
Senate Environment and Public Works Committee Ranking Member Sheldon Whitehouse of Rhode Island says opening a confirmation hearing with nominee to be Environmental Protection Agency Administrator Lee Zeldin that climate risk creates a cascade of economic threats, starting with property insurance becoming unaffordable or unavailable, which leads to mortgage unavailability and property value crashes, particularly in coastal areas threatened by flooding and storms, as well as Western regions facing wildfire risks, potentially triggering economic collapse similar to the 2008 recession.
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May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonour any member of the United States House of Representatives or US Senate, or bring the House or Senate or any Member into disrepute.
Credit:
FedNet / Getty Images
Editorial #:
2194773958
Collection:
FedNet
Date created:
16 January, 2025
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Rights-ready
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Clip length:
00:01:54:20
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Washington, DC, United States
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MPEG-4 8-bit H.264 HD 1920x1080 29.97p
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FedNet
Object name:
sep011625d