New Evidence This Week Energy and the EnvironmentThanks for reading New Global Macro Evidence and Forecasts! Subscribe for free to receive new posts and support my work. In China’s Growing Water Crisis, Collins and Reddy conclude that, “China is on the brink of a water catastrophe. A multiyear drought could push the country into an outright water crisis. Such an outcome would not only have a significant effect on China’s grain and electricity production; it could also induce global food and industrial materials shortages on a far greater scale than those wrought by the COVID-19 pandemic and the war in Ukraine. Given the country’s overriding importance to the global economy, potential water-driven disruptions beginning in China would rapidly reverberate through food, energy, and materials markets around the world and create economic and political turbulence for years to come.”
New Global Macro Evidence and Forecasts
New Global Macro Evidence and Forecasts
New Global Macro Evidence and Forecasts
New Evidence This Week Energy and the EnvironmentThanks for reading New Global Macro Evidence and Forecasts! Subscribe for free to receive new posts and support my work. In China’s Growing Water Crisis, Collins and Reddy conclude that, “China is on the brink of a water catastrophe. A multiyear drought could push the country into an outright water crisis. Such an outcome would not only have a significant effect on China’s grain and electricity production; it could also induce global food and industrial materials shortages on a far greater scale than those wrought by the COVID-19 pandemic and the war in Ukraine. Given the country’s overriding importance to the global economy, potential water-driven disruptions beginning in China would rapidly reverberate through food, energy, and materials markets around the world and create economic and political turbulence for years to come.”