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X @Bloomberg
Bloomberg· 2025-10-09 14:40
A weather-changing La Niña has emerged in the Pacific Ocean, raising the risk of drought in California and crop-growing regions in Brazil and Argentina while also bringing cold to the US Midwest and a milder winter to New York and the US East Coast. https://t.co/WgzQTgeTOK ...
Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years
Yahoo Finance· 2025-10-01 18:22
Core Insights - Beef prices have reached record highs due to a combination of drought conditions leading to the lowest cattle inventory in 70 years and strong consumer demand [1][4] Price Increases - The Bureau of Labor Statistics reported significant year-over-year increases in beef prices for August, with ground beef up 12.8%, beef roasts up 13.6%, and steak prices rising 16.6%, all exceeding the overall food inflation rate of 3.2% [2] Cattle Inventory Decline - Cattle inventories have been declining due to droughts affecting key ranching areas, resulting in the lowest cow inventory since 1951 [3][4] Rising Overhead Costs - Cattle ranchers are facing increased overhead costs, including higher expenses for feed, labor, fuel, and equipment [5] Import Constraints - Import restrictions due to cattle illnesses, such as the New World screwworm, have impacted live cattle shipments from Mexico, contributing to higher beef prices [6] Tariff Impact - Tariffs on imported beef, particularly a 76% tariff on Brazilian beef, have further exacerbated price increases for consumers [6][8]
Drought impacting fall foliage in communities across Vermont and New York
NBC News· 2025-09-24 01:34
In communities across Vermont and New York, the leaves are already starting to change. And the fall foliage season brings people from all over the world to our region to see all the colors. But recent drought conditions mean many trees are changing faster than normal.The Department of Forests says this is happening because the lack of water is putting stress on trees. >> Leaves could change uh earlier and more rapidly, go from that green to whatever their fall color typically is. Um the other thing with a d ...
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]