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A major drought will lead to an increase in energy prices in the short term

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論壇元老

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發表於 2022-8-27 22:33:25 | 顯示全部樓層 |閱讀模式
From mid-2022 onwards, the rivers in the northern hemisphere will be dry at the same time. The northern hemisphere has received much less rain than usual, and the water level of the rivers has been much lower. Some of the rivers that were originally large rivers are facing the threat of drying up. The impact is really big.

A major drought will lead to an increase in energy prices in the short term because originally a lot of transportation is carried by water. If there is less water in the river, the water surface of the river will be greatly reduced.
In addition, many nuclear power plants use water to cool down. Of course, the ones on the seaside will not be affected, but the ones that are by the river or not far from the river will be affected. The transportation cost ultimately increases. Luckily most things and problems can be settled by money.

The drought has reduced crop yields a lot. Our staple foods such as barley, wheat, corn, rice, etc., all have reduced harvests. The prices of brewing, beer, and bread-making flour have to increase. In the end, of course, consumers pay the bill.
Insufficient food will lead to inflation, and under the influence of each other, the prices of various consumer goods will increase accordingly.
Let's see if that happens.
/08 2022

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