Weathering a Hurricane in a Town Designed for Climate Change - Ryan Foelske
Ryan Foelske a Carbon Free Electricity Program manager at RMI (previously the Rocky Mountain Institute) decided to put his money where his mouth is by buying a home in Babcock Ranch, a community designed to both reduce human contribution to climate change and to be more resilient to the effects of climate change, especially hurricanes. He tells us about his experience weathering hurricane Ian.
Prior to joining RMI, Ryan worked at Deutsche Bank and Brookfield Asset Management as a buy-side equity analyst specializing in global regulated utilities and other publicly listed infrastructure companies. He built financial models, understood and quantified risks, and sought benchmark-beating returns for investors. In addition to his company coverage duties, Ryan helped develop the modeling framework, standardized and aggregated data outputs, and worked on index construction and inclusion.
As we discuss in the episode, resilience is an area of extensive funding under the Infrastructure Investment and Jobs Act and the Inflation Reduction Act. Babcock Ranch has not received any funding under these pieces of federal legislation. Nevertheless we think its resilience measures are worth considering as background for other projects that may receive such funding in the future.
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