News Headline
Is Climate Change Drying Up German Rivers — and Growth?
Source
Bloomberg
Publication Date
2019-01-25
Greg Fuzesi, an economist at JPMorgan, has estimated that the low level of the Rhine and other important German rivers shaved off 0.7 percentage points of economic growth in 2018. The phenomenon, caused by a year of extraordinarily warm and dry weather, was almost certainly related to human-driven climate change.