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Hurricanes Drive Infrastructure Reforms Amid Recovery Efforts
In recent months, severe hurricanes such as Helene and Milton have wreaked havoc on infrastructure across various regions in the United States, leading to substantial repair costs that run into the millions. Scott Barbour, the CEO of Advanced Drainage Systems, shared insights on the ongoing challenges and potential solutions related to stormwater infrastructure during a segment on Market Domination Overtime.
Barbour highlighted that his company has been heavily involved in recovery operations, particularly focusing on the states of Florida and those in the Southeastern U.S. He noted that while the devastation caused by these storms is significant, they also create a unique opportunity to improve and redesign urban environments. “Severe weather events often provide a tailwind for new projects and regulations,” Barbour explained, emphasizing how these circumstances can lead to enhanced water management capabilities in neighborhood designs.
As discussions around infrastructure policy continue, Barbour remained optimistic about the potential for bipartisan support. “Water and water infrastructure remain a bipartisan issue,” he stated, pointing out that the need for clean water and resilient communities is universally recognized. He believes that irrespective of political affiliations, everyone desires neighborhoods that are safeguarded against flooding and equipped with reliable water systems.
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Source
finance.yahoo.com