Researchers warn the hazards of climate change will only get worse, for the planet and the economy. Items as varied as groceries and insurance will get more expensive.
No one in r/Costco — the Reddit group dedicated to the beloved bulk store — could get over it. The hefty, store-brand olive oil bottles they had been purchasing for years, the ones they all agreed were the best and cheapest around, suddenly cost twice what they used to.
As human-created greenhouse gas emissions wreak planetary chaos, researchers forecast even more economic effects, driving temporary price increases — and raising risks for longer-term inflation, especially as spikes become more frequent.Soaring temperatures will create unbearable conditions for crops and workers. Severe storms and prolonged droughts will batter supply chains and disrupt the flow of trade.
He pointed to cocoa — which also hit record-high prices this year — as a crop that could be highly vulnerable to future temperature rise. Most cocoa plants are genetically very similar, which means they are less likely to exhibit mutations that might help them cope with changing environmental conditions.found that the risk of simultaneous crop failures in major corn-growing regions could increase from a 6 percent chance per year in recent decades to 40 percent if the world warms to 1.
Ultimately, the biggest drivers of insurance price spikes are the events that companies do not predict, Martin said. When unexpectedly large numbers of people file claims in the wake of a disaster — which is happening more often as climate change scrambles weather patterns and fuels new extremes — insurers“Since there’s no real end in sight to what extreme weather is going to look like, there’s no prediction of when will slow down,” Martin said.
Those figures have big implications for the volume of goods moving through the canal. Last summer, roughly 1.4 million metric tons passed through each day. That number steadily fell by early 2024 to below 1 million, although it has mostly recovered since.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Researchers want Hollywood to properly showcase climate crisisA vast majority of Hollywood films fail the 'climate reality check,' a new study reveals, demanding producers, studios, screenwriters and directors do better.
Read more »
Researchers reveal permafrost dynamics and climate impacts in Tibetan alpine grasslandsPermafrost and alpine grasslands interact and coevolve, and permafrost temperatures is an important indicator for understanding their interactions and changes.
Read more »
Researchers show the link between trawls and climate change in the North SeaFishing trawls cause significant CO2 emissions as they stir up the carbon bound in the seabed and release it again. It is also clear that they drastically affect ecosystems in the ocean. A new study by the Helmholtz-Zentrum Hereon models the influence of bottom trawls on sedimentary carbon in the North Sea.
Read more »
'Cape of Storms': Climate researchers explain Cape Town's recent extreme weatherA severe storm hit South Africa's Western Cape province between 6 and 9 April 2024, with extreme winds gusting at up to 135km/h. The storm left a trail of destruction across Cape Town and surrounding areas—at least 1,500 people were left homeless after the high winds fanned fires through their communities, burning homes to the ground.
Read more »
Researchers uncover decadal climate linkages between Western Australia and tropical PacificIn a recent publication in Nature Communications, researchers have uncovered significant interactions in sea surface temperature (SST) variations between the Western Australian coast and the western-central tropical Pacific.
Read more »
Researchers find association between media diet and science-consistent beliefs about climate changeIn a paper titled 'The Politicization of Climate Science: Media Consumption, Perceptions of Science and Scientists, and Support for Policy,' published May 26, 2024, in the Journal of Health Communication, researchers probed the associations between media exposure and science-consistent beliefs about climate change and the threat it posed to the...
Read more »