Droughts, Floods and Food – Paul Krugman
From today’s Times, this is worth a read. Difficult to know if Krugman is correct but if he is…oh boy.
“While several factors have contributed to (recent) soaring food prices, what really stands out is the extent to which severe weather events have disrupted agricultural production. The Russian heat wave was only one of many recent extreme weather events, from dry weather in Brazil to biblical-proportion flooding in Australia, that have damaged world food production. And these severe weather events are exactly the kind of thing we’d expect to see as rising concentrations of greenhouse gases change our climate — which means that the current food price surge may be just the beginning.”