Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(12,206 posts)
10. I found this in the Environment & Energy Group, in part about storms and Houston
Thu Jul 25, 2024, 02:06 PM
Jul 2024
https://www.democraticunderground.com/1127175123
Credit: mahatmakanejeeves
I excerpted just the last 2 paragraphs of the excerpt
Companies are reshaping operations to cope with a changing climate, Washington Post, 7/25/24

In Houston, a company called UPG, which makes precisely formed plastic parts, lost almost two weeks of production after powerful storms knocked out power three times in the last four months. For the company’s owners, the serial outages were the latest evidence that business as usual was no longer an option.

“It’s getting to the point where the impacts are making us miss our forecasts. It’s hurting us financially and it’s affecting our customers,” said Scott Bekemeyer, co-chairman of the Partner Companies (TPC), a consortium that owns UPG and nine other manufacturers.


hatrack's response is very much on point:

The first wave was reinsurance companies.

The second wave was insurance companies.

The third wave? Everybody else.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»U.S. economy grew at a 2....»Reply #10