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The $1.6 billion plan to fix the Panama Canal's drought problem
CNBC· 2025-09-20 15:00
Panama Canal Operations and Challenges - The Panama Canal is a critical shipping route, handling approximately 14,000 vessel transits annually, including about 40% of all US container traffic [1] - Recent droughts have forced the Panama Canal Authority to implement weight restrictions and limit vessel transits to 18 ships per day, while the normal transit volume is about 36 ships daily [1] - The 2023-2024 drought was the worst Panama has experienced in over 70 years [1] - Low water levels in Gatun Lake, which fell 8 feet below average, restrict the amount of cargo ships can carry [3] - Companies like Maersk have resorted to using landbridges to circumvent the canal's restrictions [4] Infrastructure and Investment - The Panama Canal Authority plans to invest $1.6 billion to construct a new reservoir with a capacity of 1.2 billion cubic meters of water to mitigate future droughts [4] Social and Environmental Impact - The proposed Rio Indo project, involving flooding 17 square miles of land, faces resistance due to its potential impact on approximately 2,500 people [5] - The reservoir construction could submerge villages, displacing residents and affecting their livelihoods [5]
X @Bloomberg
Bloomberg· 2025-09-20 14:04
Environmental Impact - Drought conditions are prevalent across the US Northeast, leading to dry rivers and streams [1] - The drought is causing fall foliage to shrivel prematurely [1] - Increased risk of wildfires is associated with the drought [1]
The $1.6 Billion Plan To Fix The Panama Canal’s Drought Problem
CNBC· 2025-09-13 15:00
Panama Canal Drought Impact - The Panama Canal faces challenges due to recent droughts, with vessel transits in 2024 falling 29% compared to the prior year [1][13] - Drought conditions could limit the canal's capacity by 50% by 2050, potentially having devastating consequences for U S commerce [13] - The 2023 and 2024 drought forced the Panama Canal Authority to limit vessel transits to 18 ships per day, while about 36 ships crossed the canal daily before the drought [1] Panama Canal Authority's Response - The Panama Canal Authority plans to spend $16 billion to build a new reservoir to hold 12 billion m³ of water to prepare for future droughts [4] - The Panama Canal Authority had a net income of about $34 billion in 2024 and almost $5 billion in total revenue [22] - The Panama Canal Authority is studying the possibility of adding a 1 million barrel per day pipeline to transport ethane and liquid petroleum gas from the Caribbean to the Pacific side of the canal [29] Alternative Solutions and Adaptations - Some shippers have shifted to roads and trains running alongside the canal to combat drought vessel restrictions and congestion [24] - In 2024, ocean carrier Maersk opened a land bridge and pulled some containers off ships before entering the canal, using rail transport [26] - Large cargo ships pay about $13 million to transit, for vessels like the 17,000 TEU vessels [27][28] Community Impact - The proposed Rio Indio project faces resistance as it will flood 17mi² of land, impacting an estimated 2,500 people [5] - The Panama Canal Authority plans to spend $400 million to compensate and relocate communities affected by the Rio Indio project [16]
X @BBC News (World)
BBC News (World)· 2025-08-28 23:05
Industry Trend - Data centers are booming in drought-hit Mexico [1] Resource Concerns - Data centers are thirsty in drought-hit Mexico [1]
X @Bloomberg
Bloomberg· 2025-08-26 16:05
The water in Poland’s longest river, the Vistula, has dropped to its lowest level ever in Warsaw, raising new drought concerns for the country https://t.co/9CSPCMnZHn ...
Wildfires burn thousands of acres, prompt evacuations in Colorado
NBC News· 2025-08-11 00:21
Tonight, erratic wildfires out west. >> Unpredictability is probably the biggest thing. >> Two lightning caused fires burning in northwest Colorado, forcing evacuations, including nearly 200 inmates.>> We have a a droughtstricken forest that basically burns like gasoline. It'll burn really fast. You know, almost as fast as a car can drive.>> Just look at this incredible firew world captured Friday. Smoke blanketing the state. Michelle Morgan, owner of Elk Mountain Inn, took these photos of flames and a hazy ...
Running Out of Water in the UK: Hidden Crisis or Absurd Prospect? | Nicci Russell | TEDxNorthwich
TEDx Talks· 2025-08-04 16:10
Water Scarcity & Consumption - The UK is currently facing water scarcity issues [10] - By 2055, the water deficit in England is projected to reach 5 billion liters per day, exceeding one-third of the current daily water usage [12] - Since 1971, the UK population has increased by 12 million, leading to greater water demand [14] - Individual daily water consumption has almost doubled compared to six decades ago [15] - A medium-sized data center consumes the same amount of water as three average-sized hospitals [5] - Producing an average-sized chocolate bar requires 1,000 liters of water [5] - Sprinklers can waste 1,000 liters of water per hour [19] Impact & Solutions - Climate change, driven by human behavior, exacerbates water scarcity through extreme weather events like floods and droughts [15][16] - Most of England is officially categorized as seriously water-stressed [16] - Reducing shower time by one minute can save 15 liters of water per shower [19] - Collective small actions, such as reducing shower time, can significantly contribute to bridging the 5 billion liter daily water gap [20][21]
X @Bloomberg
Bloomberg· 2025-07-23 04:16
Greece plans to merge hundreds of small water companies, as the government tackles a worsening drought that’s left reservoirs supplying Athens at the lowest level in three decades. https://t.co/mG7Ygzh6vG ...
One minute is all it takes | Sara Aghighi | TEDxWestbourne Grammar Youth
TEDx Talks· 2025-07-16 16:01
Environmental Concerns - Water scarcity is a growing global issue, affecting regions like Phoenix, India, Perth, and California [4] - The Earth's available freshwater for drinking, cleaning, and agriculture is a small fraction of the total water [5] - Over 11 billion people struggle to obtain water daily [5] - Water scarcity leads to food price increases, disease spread, and conflicts [6] Water Consumption & Conservation - A 10-minute shower consumes 80 to 100 liters of water, equivalent to 400 cups [5] - Reducing shower time by one minute daily can save over 10,000 cups of water per year [7] - Heating water for showers is costly, essentially wasting money [8] Call to Action - Individuals can take action now to protect water resources before they disappear [9][10] - Small changes in daily habits, like shortening shower time, can contribute to a more sustainable world [10]
Tragic shutdown of USAID could be catastrophic
MSNBC· 2025-07-05 16:14
US Aid Impact & Challenges - US aid prevented 92 million deaths in 133 countries over 20 years (2001-2021), including 25 million from HIV/AIDS, 11 million from diarrheal diseases, 8 million from malaria, and 5 million from tuberculosis [2] - Gutting American aid is projected to cost millions of lives, impacting access to life-saving medicines and emergency food [3][4] - A historic drought in Somalia, Kenya, and Ethiopia (2020-2023) put 40 million people on the path to humanitarian aid, with US taxpayers providing 70% of the necessary aid [9][10] - In 2022, US aid for the drought cost approximately $2 billion, or $6 per average American household [11] - Independent experts estimate that American aid prevented between 21% and 39% million deaths during the drought, half of whom would have been children under 5 [12] Waste & Inefficiency Concerns - Millions of vaccine doses donated to Sierra Leone were wasted due to the cancellation of a distribution program [5] - The current administration is contributing to waste despite claiming to target waste, fraud, and abuse [5] Communication & Perception - US Aid failed to effectively communicate the impact of American aid to the public, creating space for criticism and potential budget cuts [7] - The withdrawal of US aid raises concerns about who will fill the vacuum and the impact on the world's poorest populations [8][9]