Monthly Archives: July 2021

More companies are citing water scarcity as a financial risk in regulatory filings

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As climate change stokes extreme weather events like droughts, flooding and wildfire, another concern is emerging for companies and their investors: the cost and dwindling supply of water. More companies are listing water security and scarcity among risk factors in regulatory filings and investor calls. Globally, firms cited water 43% more in 2020 than in 2019, a June report from investment bank Barclays

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Extreme weather-induced drought forcing farmers to turn food crops into cattle feed

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Drought is withering crops on both sides of the U.S.-Canadian border, prompting farmers to take the rare measure of baling up their wheat and barley stems to sell as hay. The bales are providing much-needed forage for livestock operators struggling against a lack of pasture and soaring feed costs, and also signal smaller grain harvests that could keep crop prices

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Assessing the new (ongoing?) can shortage

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The shortage actually had deeper roots, starting nearly a decade ago as beer packaging has steadily shifted away from bottles to favor cans. Aluminum manufacturers could barely keep up with industry demand pre-pandemic, and according to CNN, between 2010 and 2019, canned beer production increased from 50% to 60%. Today, the figure is more like 67%, meaning two-thirds of all

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