Enjoy your beer, its price will sharply increase due to global warming !

18 October, 2018, 09:45 | Author: Ann Santiago
  • Climate change could cause beer prices to soar - study

Climate change could reshape the barley and beer market, the researchers say, depicting a situation in which China, which now drinks more Budweiser than the U.S.

"Current levels of fossil fuel consumption and Carbon dioxide pollution - business as usual - will result in this worst-case scenario, with more weather extremes negatively impacting the world's beer basket", said co-author Nathan Mueller. And that means some parts of the world would very likely be forced to pay much more for a beer.

The most popular alcoholic beverage in the world could become a lot more coveted. What will be the climate change impact on luxury essentials? Assuming countries take no other actions to mitigate climate change, trade balances or resource allocations, such losses will roughly double beer prices in many countries.

"High-quality barley is even more sensitive to extreme weather events linked to climate change", Guan told AFP. Losses of barley yield can be as much as 17 percent, an global group of researchers estimated.

Prof Guan said while climate change research has started to examine the impact on world food production, it tended to focus on staple crops such as wheat, maize, soybean, and rice.

Beer prices could double worldwide and the USA could see 20% decline in beer consumption-that's about 10 billion cans of beer.

A study published Monday that looked at beer's growing popularity and a potential decline in barley harvests linked to climate change showed prices for beer could double, or even triple, in countries including the U.S.

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"Climate change will affect all of us, not only people who are in India or African countries", Guan said.

Many companies realize the risks of climate on barley, 17 percent of which is used to make beer.

Under the hottest scenario, China will suffer the most shortages this century, followed by the United States, Germany, and Russian Federation, it said.

The effects of climate change are already being felt by craft brewers, says Katie Wallace, director of social and environmental responsibility at New Belgium Brewery in Fort Collins, Colorado. A decrease in the global supply of barley leads to a dramatic regional decrease in beer consumption and an increase in beer prices.

As beer supplies shrink, wealthy, traditionally beer-loving countries are likely to see the most drastic price hikes.

The next step was to estimate how these "barley supply shocks" would affect the production and price of beer in each region. This research, he said, was "born of love and fear".

Beer is just the latest of life's little pleasures that researches say could be adversely affected by climate change including chocolate, coffee and wine.

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