Good morning, and welcome back to the Griddle, a menu of fortified items for the busy person's media diet. On today's menu: coffee, and lots of it. Starbucks plans to open its first store in India by August, becoming one of the first companies to take advantage of new rules opening the doors to foreign chains. The upside: an enormous new market where coffee consumption doubled in the last decade. The downside: increasing strain on already stressed supplies of specialty coffee beans. Rising temperatures and unusual rainfalls in Central South America have curtailed crops in recent years, a trend that's forecast to continue. As the global leader of easy-listening coffee shops puts it on its website: "In addition to increased erosion and infestation by pests, coffee farmers are reporting shifts in rainfall and harvest patterns that are hurting their communities and shrinking the available usable land in coffee regions around the world."
And now the news:
China-Based Hackers Aim to Derail $40B Potash Deal (Bloomberg)
Shareholders Boost Carbon Disclosure (DailyClimate)
Sustainable Apparel Rating Tool Set for Mid-Year Public Launch (GreenBiz)
Water Trucked to Nearly Bone-Dry Texas Town (AP)
Food Crisis as Drought and Cold Hit Mexico (NY Times)
China Meat Appetite Means Massive U.S. Exports (Bloomberg)
Train in Vain: New U.S. Rules for Building Public Transit (Slate)
Microsoft, Coke, Nestle Detail Climate Adaptation Plans (Environmental Leader)
Texas Tech Scientist Sees Intimidation Plot in Hate Mail (Texas Climate News)
Foreign Shoppers May Add $850B With Obama’s New Visas (Bloomberg)
Visit www.bloomberg.com/sustainability for the latest from Bloomberg News about energy, natural resources and global business.
-0- Jan/31/2012 16:33 GMT