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From Bloomberg so woke swamp media, we had to blame climate change.As mentioned at the end of the article:Panama has opened a new much bigger canal in parallel to handle much bigger ships.Obviously the water consumption went up the roof..and there was no extra capacity added to the natural lakes, then add the expansion of population consumption (not too bad with agriculture and industry so far) and this was a disaster waiting to happen.Not that we would do much better here as we are doubling the population size of our cities without adding extra dams eitherIn both cases, blame climate change LOL.But the issue is here, and will remain even if we close our few left coal power stations.i expect that inflationary impact to be localised on the north American markets
From Bloomberg so woke swamp media, we had to blame climate change.As mentioned at the end of the article:
Panama has opened a new much bigger canal in parallel to handle much bigger ships.
Obviously the water consumption went up the roof..and there was no extra capacity added to the natural lakes, then add the expansion of population consumption (not too bad with agriculture and industry so far) and this was a disaster waiting to happen.
Not that we would do much better here as we are doubling the population size of our cities without adding extra dams either
In both cases, blame climate change LOL.
But the issue is here, and will remain even if we close our few left coal power stations.i expect that inflationary impact to be localised on the north American markets
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