VX News is the editorial voice of the annual VerdeXchange Conference, featuring in-depth interviews with industry leaders and policymakers driving innovation in clean energy, water, transportation, and climate policy.
The Cost of Waiting: Larry Kosmont on PCH, Disaster Recovery Districts, and the Infrastructure Gap
Recovery does not begin with rebuilding structures. It begins with rebuilding the infrastructure that makes communities worth returning to – streets, sewers, water, power, and the systems that make a place livable and investable.
That is the argument Larry Kosmont, Chairman & CEO of Kosmont Companies, brings to VX2026. With the debris removal phase of the January 2025 Palisades and Eaton Fires now complete, and an estimated $76 to $131 billion in property and capital losses still looming over Pacific Palisades, Malibu, and Altadena, the question is no longer whether to rebuild…it is whether the financing infrastructure can move fast enough to make rebuilding possible.