From Our Daily Planet [1]:
Eli Lehrer, president of the R Street Institute says that one way to balance this inequity [2] is by giving insurance subsidies for only those that truly need it. FEMA and the Biden administration will have to come up with a way to balance necessary costs with equity as flooding worsens under climate change, and another potentially record-breaking year of storms approaches.
Endnotes
- “Our Daily Planet”: https://www.ourdailyplanet.com/story/fema-may-increase-flood-insurance-rates-to-reflect-skyrocketing-risk/
- “balance this inequity”: https://www.nytimes.com/2021/02/22/climate/flood-insurance-fema.html