U.S. Raises Odds of a Market-Roiling La Nina Forming This Winter

  • La Nina watch posted as Pacific waters undergo ‘rapid’ chill
  • Cold U.S. winters, drought in Brazil can follow La Nina

The Coming Storm of Climate Change

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Higher U.S. natural gas prices, drought in Brazil and flooding rains in Australia’s coal-mining regions are all more likely after forecasters raised the odds of a weather-roiling La Nina forming this winter.

There is now a 62 percent chance La Nina will arrive between November and January, up from 26 percent last month, the U.S. Climate Prediction Center said in statement Thursday. The shift prompted the center to issue a watch for La Nina, a cooling of Pacific Ocean surface temperatures that can trigger weather changes the world over.