Climate Change Impacts on Supply Chains Explored

Donald Trump's economic policies continue to receive support despite their potential to increase living costs for Americans, particularly through proposed tariffs and immigration policies that could reduce labor availability in key sectors. His commitment to fossil fuels and opposition to climate initiatives pose significant risks to both the environment and the economy, with scientists warning that climate change could exacerbate economic damages. Conversely, some argue that addressing climate change must also focus on economic viability to secure public support and ensure successful implementation. In the business sector, Everstream Analytics has launched Climate Risk Scores to help companies navigate climate threats to their supply chains, enhancing their resilience against future climate impacts. Additionally, research indicates that uncoordinated climate policies can lead to carbon leakage, as companies may shift operations to areas with less stringent regulations, undermining climate efforts. These dynamics highlight the complex interplay between economic policies, climate action, and supply chain management in a rapidly changing global landscape.