“Managed Retreat” from Flood-Prone Homes

From CNN: Thousands of Americans are leaving homes in flood-risk areas. But where are they moving to?

“For more than four decades, the US government has been paying cities and states to move homeowners away from areas that are at high risk of severe flooding.

When a hurricane or major flooding event devastates an area, a neighborhood can send a request for the local or state government to buy the impacted land and give residents money to start over someplace else.

The Federal Emergency Management Agency’s buyout program is a form of so-called “managed retreat” – a long process that relocates people, businesses, homes and infrastructure to an area that’s safer from the impacts of climate change-fueled weather events. But until recently, little was known about where people ultimately moved and whether their new location actually reduced their flood risk.”

Global Supply Chains

From HSDL: Building Stronger Supply Chains: Two Years Later

“Global supply chains play a crucial role in the seamless functioning of economies, impacting both industries and consumers. During his first month in office, President Biden implemented a comprehensive 100-day review of supply chains. The White House recently released a report on the findings of this review. Two Years of Building Stronger Supply Chains and a More Resilient Economy presents U.S. economic and national security vulnerabilities, and the changes needed to strengthen them.

The economic crisis as the result of the COVID-19 pandemic, combined with the disruptions of Russia’s invasion of Ukraine exposed major weaknesses and created a surge in input costs and inflation. This caused months of empty shelves at stores, longer delivery times, and higher prices at the register. The report highlights the Biden Administration’s efforts to address shortages and bottlenecks throughout the economy that contributed to this crisis.”