Everything’s About to Get a Hell of a Lot More Expensive Due to Climate Change

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Climate Desk News

Science,Environment,Climate Change

Intensifying hurricanes, floods, and heat waves are wreaking havoc across the country—and on all of our bank accounts.

If you’re one of the millions of Americans worried about your pocketbooks and the general cost of living, you might have picked up on some good news recently: Inflation has really been cooling off this summer, as long-sticky food and energy prices continue to moderate.

Preparation for these varying externalities requires supply-chain middlemen and product sellers to anticipate consequential cost increases down the line—and implement them sooner than later, in order to cover their margins. You may have noticed some clear standouts among the contributors to May’s inflation: juices and frozen drinks , along with sugar and related substitutes .

 

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