Drying Canals Threaten To Choke Global Trade

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.

Much has been written on the impact this climate change is having on flooding, droughts and subsequent food supplies — not to mention extinction.

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 triple by 2050 as demand increases.

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.

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Tags: Global Trade