Drying Canals Threaten To Choke Global Trade
<p>A Master Class on the impact of climate warming is being taught daily along the Panama Canal. Consumers everywhere are going to feel the impact.</p>
<p>Much has been written on the impact this climate change is having on flooding, droughts and subsequent food supplies — not to mention extinction.</p>
<p>One field that has not received sufficient attention, is the impact that drought is already having on the world’s shipping routes. Over 90% of traded goods are carried over water. The volume will <a href="https://www.cnbc.com/2023/10/30/climate-change-to-cost-shipping-industry-10-billion-a-year-by-2050.html" rel="noopener ugc nofollow" target="_blank">triple by 2050</a> as demand increases.</p>
<p>The climate threat to this traffic is real. Last year was the sixth warmest year since global records began to be kept in 1880. This year could be worse.</p>
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