WELCOME BACK.
FOLKS, MY NEXT GUEST IS A BILLIONAIRE PHILANTHROPIST AND
THE FORMER FORMER MAYOR OF NEW YORK CITY.
HIDE YOUR 20-OUNCE SODAS, AND GIVE A BIG WELCOME TO MICHAEL
BLOOMBERG.
♪ ♪ ♪ ( APPLAUSE )
>> Stephen: NICE TO SEE YOU AGAIN.
>> AND NICE TO SEE YOU.
>> Stephen: DO YOU STILL LIKE THE "MR. MAYOR?"
DO YOU GET THAT THE REST OF YOUR LIFE?
>> MY KIDS DON'T CALL ME THAT.
>> Stephen: "YOUR SLENSY.
YOUR HONOR."
>> I TOLD MY GRANDSON HE COULD CALLED ME, SIR."
>> Stephen: SIR MICHAEL, YOU'RE FOUNDER OF THE BLOOMBERG
L.P., AND PHILANTHROPIES.
ESTIMATED WORTH, $47 BILLION.
BUT WHO, SIR, IS THIS GUY?
( LAUGHTER ) ( CHEERS AND APPLAUSE )
>> IF I HAD TO GUESS, THAT WAS ABOUT FIVE YEARS AFTER PUBERTY.
( LAUGHTER ) >> Stephen: IS PUBE DEE
DIFFERENT FOR FURTHER BILLIONAIRES OR IS IT JUST AS
ROUGH?
>> IT'S BEEN A LONG TIME.
>> Stephen: NOW, WE'LL SKIP OVER THAT, THEN.
THE 2016 ELECTION, THERE WAS A LOT OF TALK, A LOT OF RUMORS
THAT YOU WERE THINKING ABOUT RUNNING.
WERE YOU SERIOUSLY CONSIDERING?
>> YEAH, SURE.
>> Stephen: OKAY, YOU EVIDENTLY DID NOT SEE A PATH TO
VICTORY.
>> WELL, MY ADVISERS TOLD ME THAT A NEW YORK BILLIONAIRE
WHO'S CHANGED PARTIES A NUMBER OF TIMES COULDN'T BE ELECTED.
( LAUGHTER ) SO I FIRED THEM.
( CHEERS AND APPLAUSE ) >> Stephen: DO YOU HAVE ANY
REGRETS?
BECAUSE, YOU KNOW, PEOPLE SAID THAT ABOUT TRUMP, AS YOU JUST
ALLUDED TO.
DO YOU HAVE ANY REGRETS THAT YOU DIDN'T RUN?
>> NO, I NEVER LOOK BACK.
>> Stephen: IS IT OKAY THAT WE HAVE REGRETS THAT YOU DIDN'T
RUN?
( LAUGHTER ) ( APPLAUSE )
( CHEERS ) >> MY PEEPS.
>> Stephen: YOUR PEEPS ARE IN THE HOUSE IS WHAT YOU'RE SAYING?
>> RIGHT HERE.
>> Stephen: NOW YOU HAVE A NEW BOOK HERE THAT YOU WROTE WITH
CARL POPE, FORMER PRESIDENT OF THE SIERRA CLUB.
AND IT IS CALLED "CLIMATE OF HOPE."
WHERE IS THE CLIMATE OF HOPE?
AND WHAT IS IT?
WHERE IS THE HOPE?
>> WELL, THE HOPE IS HERE.
WE CAN MAKE A DIFFERENCE.
IT'S SOMETHING WE REALLY SHOULD WORRY ABOUT.
>> Stephen: YOU MEAN CLIMATE CHANGE.
>> CLIMATE CHANGE, AND WHETHER OR NOT IT HAPPENS, NOBODY KNOWS,
BUT YOU SHOULD ATTACK AN INSURANCE POLICY OUT.
AND IF IT LOOKS LIKE IT MIGHT DO DAMAGE, NOW IS THE TEEM TO TAKE
STEPS AND ATTACK A LOOK.
THE OCEANS ARE WARMING AND RISING, AND YOU SEE THESE TERM
STORMS THAT HAVE KELD'S NUMBER OF PEOPLE AND DONE'S LOT OF
DAMAGE IN FLORIDA AND TEXAS AND PUERTO RICO AND THE CREBBIAN.
AND WITH WARMER OCEANS, YOU'RE GOING TO GET MORE OF THOSE.
>> Stephen: NOWING, MANY OF THE PEOPLE WHO DENY GLOBAL
WARMING SAY THAT IT'S SOME SORT OF HOAX OR A MONEY-MAKING SCHEME
SCHEME.
FROM A BUSINESSMAN'S POINT OF VIEW, WHY SHOULD A BUSINESSMAN
BELIEVE IN GLOBAL WARMING?
>> WELL, IT DOESN'T MATTER.
THERE'S A RESK, AND A BUSINESS PERSON WOULD TAKE APPROPRIATE
PROTECTIONS.
YOU DON'T THINK YOU'RE GOING IT DIE, BUT YOU STILL BUY A LIFE
INSURANCE POLICY.
AND BUSINESSES HAVE TO WORRY ABOUT IF THEY GOT FLOODED OUT,
HOW THEY WOULD CONTINUE THER BUSINESS.
HOW THER EMPLOYEES WOULD GET TO WORK OR GET HOME OR WORRY ABOUT
THEIR FAMILIES AND THAT SORT OF THING.
SO IT'S A VERY SERIOUS THING.
AND THE SCIENCE SAYS THINGS ARE GETTING WARMER, AND THEY WILL
CONTINUE TO GET WARMER UNLESS WE REDUCE THE AMOUNT OF GREENHOUSE
GASES.
AND SO THE FEDERAL GOVERNMENT HAS DECIDED TO DO NOTHING, BUT
THE CITIZENS, WHETHER THEY ARE COME OF COMPANIES OR INDIVIDUALS
OR LOCAL GOVERNMENTS HAVE SAED, OKAY, WE'RE GOING TO ATTACK IT
INTO OUR OWN HANDS AND WE'RE GOING TO CUT OUR GREENHOUSE
GASES.
AND AMERICA HAS ACTUALLY BEEN LEADING THE WAY.
WE HAVE CLOSED HALF OF OUR COAL-FEARED POWER PLANTS.
THE SIERRA CLUB WENT OUT AND PECTED ANDQUENCED PEOPLE-- POWER
PLANTS TO CONVERT TO NATURAL GATS, WHICH IS MUCH-- OR
RENEWABLES.
AND WE ARE GOING TO MEET OUR GOALS THAT WE AGREED TO IN
PERCENT, EVEN WITHOUT THE FEDERAL GOVERNMENT.
AND WE ONLY HAVE TO.
( CHEERS AND APPLAUSE ) Y.
>> Stephen: WHILE NO ONE CAN SAY FOR CERTAIN WHAT CREATE A
HURRICANE, IT'S TOO COMPLEX OF A SYSTEM, THERE IS A FAIR AMOUNT
OF CONSENSUS THAT STORMS ARE INTENSIFYING BECAUSE THERE IS
MORE ENERGY IN THE SYSTEM.
>> CORRECT.
>> Stephen: OCEANS ARE WARMER, WHICH FEEDS THESE STORMS.
>> YES.
>> Stephen: THERE'S BEEN CRITICISM FOR A SLOW AND
ADEQUATE RESPONSE TO WHOSE HAPPENED IN PUERTO RICO.
I KNOW YOU WENT DOWN TO THE VIRGIN ISLANDS AFTER IRMA WENT
THROUGH THERE.
IS IT UP TO THE PRIVATE SECTOR TO HELP WITH NATURAL DISASTERS
NOW THAT THE GOVERNMENT IS SLOW TO RESPOND?
>> I WOULDN'T SAY IT IS UP TO US.
GOVERNMENTS ARE BIG AND IT TAKES THEM A WHILE TO GET ON THE SCENE
AND START HELPING PEOPLE.
IN THE MEANTIME, THE PRIVATE SECTOR CAN DO THINGS VERY
QUICKLY, BECAUSE THEY DON'T HAVE ALL THE BUREAUCRACY.
AND I THINK IT'S-- WE HAVE AN OBLIGATION, AS FELLOW HUMAN
BEINGS, AND PARTICULARLY, IF IT'S IN THE AMERICAN VIRGIN
ISLANDS OR PUERTO RICO, AMERICAN TERRITORIES, OR IN TEXAS OR
MIAMI OR WHEREVER, TO COME TO EACH OTHER'S AID.
AND IF YOU REMEMBER 9/11, WHEN WE HAD THE 3,000 PEOPLE KILLED
AND TWO BIG BUILDINGS COME DOWN, AND THE POTENTIAL TO DESTROY OUR
ECONOMY, THE COUNTRY-- IN FACT THE WORLD AS WELL-- CAME TO NEW
YONEWYORK'S AID.
AND I THINK YOU'VE SEEN IN NEW YORK, THE GOVERNOR SENT DOWN
NATIONAL GUARD TROOPS DOWN TO HELP IN PUERTO RICO.
I TOOK DOWN SOME MEDICINES, WHICH JOHNS HOPKINS DONATED TO
ST. JOHN AND ST. THOMAS.
WE HAVE A BUNCH OF PEOPLE WHO WORKED FOR US IN HURRICANE
SANDY, WHICH WE PUT ON A PLANE AND FLEW THEM DOWN RIGHT AWAY.
ONE OF MY PARTNERS HAS A HOUSE DOWN THERE, SO ON THE GROUND WE
KNEE WHAT WAS GOING ON.
WE CAN HELP.
AND AFTER A WHILE THE FEDERAL GOVERNMENT COMES IN AND TAKES
OVER THE BIG CLEANUP JOB.
>> Stephen: THE NEW BOOK IS CALLED "CLIMATE OF HOPE."
IT'S OUT NOW.
THE MAN IS MICHAEL BLOOMBERG, EVERYBODY.
THANKS.
WE'LL BE RIGHT BACK WITH TIM AND ERIC.