On catastrophes and climate investment - 16 July 2021
The Eurointelligence Podcast
Wolfgang Munchau
4.6 • 38 Ratings
🗓️ 16 July 2021
⏱️ 25 minutes
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| 0:00.0 | Hello, I'm Paige and this is the Euro Intelligence podcast covering current affairs in the |
| 0:05.0 | EU and Euro area. I'm joined by Wolfgang and Susanna, directors of Eurointelligence in Oxford. |
| 0:10.9 | For our last podcast before the summer break, actually, so thank you everyone for listening this |
| 0:14.9 | year. We start with a very sad and tragic story today, actually, which was the floods that swept |
| 0:20.6 | through several Western European countries. It today, actually, which was the floods that swept through |
| 0:21.5 | several Western European countries. It looks right now like Germany was the hardest hit. But Wolfgang, |
| 0:26.4 | you wrote about it a bit this morning. What can you tell us about flooding in Germany and |
| 0:30.5 | how it's played out historically? |
| 0:31.7 | I mean, this is a major, a major catastrophe. Germany's had its fair share of floods in the last century. One in the |
| 0:40.2 | flood in 2002 was so prematurely named the, you know, flood of the century, which it wasn't, |
| 0:47.9 | as it turned out. This may be it, but it, you know, it may, it probably won't because these, |
| 0:53.4 | these sort of climate catastrophes seem to be getting worse. |
| 0:57.1 | Germany, you know, we just only recently talked about the heat wave in British Columbia. |
| 1:03.6 | And there are major stuff happening in the United States at the moment. |
| 1:08.1 | What I wrote about this morning was about the politics of floods in Germany. |
| 1:12.1 | I think it's far too early to talk about the political implications of that. We are recording this year on Friday. |
| 1:18.6 | We don't know the extent of the damage yet. We see the pictures. There are still at this point a thousand people missing. |
| 1:26.6 | So this is almost certainly a thousand people missing. So this is a, you know, |
| 1:27.7 | this is almost certainly a very serious catastrophe. Flooding, especially in election years, |
| 1:34.7 | have been major political events in Germany. So it's probably worth, and what I did this morning, |
| 1:40.6 | looking at the history of that. And we've had a, the most recent case was in 2002 |
| 1:46.2 | when Gerhard Schroeder, he seemed, you know, Gerhard Schroeder had just finished his first |
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