Archive for July 23rd, 2012
Recent extreme weather in the United States and other parts of the world prompted many commentators to evoke the specter of global warming once again. “This is what global warming looks like,” said one climate scientist who was quoted in a Associated Press story.
Weather events affect the stability of supply chains, workforces, markets and the economy, so business decision-makers are naturally concerned about weather-related risks associated with climate change.
Agriculture is one of the industrial sectors most vulnerable to extreme weather, and the effects of the current drought on U.S. grain crops show how supply chains can be disrupted by climate effects. Read the rest of this entry »