Guess What Else Climate Change Hurts? Globalization
Supply chains now crisscross the globe, and most start where it's hottest.
As El Niño Exits, La Niña Promises Mayhem Worldwide
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Within a century of Henry Ford's first assembly line, the entire world economy has become a single, virtual conveyor belt. And that belt is getting hot.
When weather catastrophes hit, the big-ticket damages tend to come not from heat waves but from floods, hurricanes, and wildfires. Natural disasters caused billions of dollars in damage last month alone, according to a recent report, from Canadian wildfires ($3.1 billion), to European flooding ($4.6 billion), to U.S. storm damage ($1 billion).