Bloomberg: Heat morphs into a major economic shock for an unprepared EuropeThe region, where temperatures are rising at a pace that’s roughly twice the global average, can no longer afford to ignore the economic impact of global warming, according to economists interviewed by Bloomberg.FT: European heatwave wiped €2bn from value of grain crop, analysis estimatesFrance and Hungary worst hit by lost production of maize and wheat.Reuters: Statkraft CEO sees risk of prolonged higher power pricesThe war in the Middle East combined with low storage levels for both natural gas and in Nordic hydropower reservoirs could see European electricity prices stay elevated for longer, the CEO of Norwegian utility Statkraft said.DW: UK's new PM Andy Burnham cuts household electricity taxBritain's new prime minister Andy Burnham announced that there would be a cut in taxes on household electricity bills, by removing VAT from October 1.ICMM: Competition for water poses risks to the energy transitionNearly two-thirds of mining and metals facilities worldwide are located in areas facing significant physical water risk, according to an analysis by ICMM.
All texts created by the Clean Energy Wire are available under a “Creative Commons Attribution 4.0 International Licence (CC BY 4.0)”. They can be copied, shared and made publicly accessible by users so long as they give appropriate credit, provide a link to the license, and indicate if changes were made.
