Inflation crimps Indian firms as rural millions cut spending

investing.com By Krishna N. Das and Aftab Ahmed NEW DELHI - Surging inflation is forcing many poor Indians to rein in spending, threatening a slowdown for companies such as Godrej Appliances which saw bumper sales as recently as...

Build Blackouts Better": Half Of America Faces Power Blackouts This Summer, Regulator Warns

zerohedge.com "Build Blackouts Better": Half Of America Faces Power Blackouts This Summer, Regulator Warns  Tens of millions of Americans could be thrown into a summer of hell as a megadrought, heatwaves, and reduced...

Earth's oceans have reached the hottest and most acidic levels on record, UN says

cnbc.com Much of the ocean experienced at least one "strong" marine heatwave at some point last year. Rapid ocean warming has triggered a drop in global fish populations. It has threatened communities, fishing economies and...

Indian heat wave, Japan typhoon disaster tied to human-caused climate change

axios.com Two new climate attribution studies underline the growing role human-caused climate change plays in worsening extreme weather events. Driving the news: The first study, out Wednesday from the U.K. Met Office, shows...

Climate change has made India’s heatwave 100 times more likely, says U.K. weather service

cnbc.com An analysis by the U.K. Met Office suggests that high temperatures that used to occur about every 300 years in India and Pakistan may now occur about every three years.

Texas power use hits monthly record during heatwave

investing.com - Power demand in Texas hit a monthly record on Tuesday and will likely break that high on Wednesday as consumers keep their air conditioners cranked up to escape a lingering spring heatwave. The Electric Reliability...

Heat Wave in India and Pakistan Has Link to Climate Change, Scientists Say

bloomberg.com Heat Wave in India and Pakistan Has Link to Climate Change, Scientists Say  Bloomberg

The air conditioning paradox

vox.com A woman fans her child with a sheet of paper as a fan sits idle amid a power outage during a heat wave in Jacobabad, Pakistan, on May 11. | Aamir Qureshi/AFP via Getty Images How do we cool people without...

Natural gas prices have already doubled this year. A hot summer could push them even higher

cnbc.com Southern states are hotter than normal. Supplies in storage are below normal. Hot weather comes at a time when the industry typically adds inventory for the winter months. "The consumer is kind of at the mercy of...

America's Electric Grid Has A $2 Trillion Problem

zerohedge.com America's Electric Grid Has A $2 Trillion Problem Authored by Tsvetana Paraskova via OilPrice.com, The U.S. power grid is strained as-is, with disruption and outages becoming more frequent in many...

Wheat prices soar as India heat wave and Ukraine war squeeze supplies

cbsnews.com Experts fear climate change-driven food shortages and inflation could lead to famine, insecurity and economic recession across the globe.

Texas heatwave to keep testing power grid this week

investing.com - This week's heatwave will keep testing the Texas power system with record monthly demand expected on Tuesday after less hot weather on Monday kept usage below a new high. On Friday, power plant failures caused...

Wheat prices are rising, along with food protectionism

axios.com Data: Chicago Board of Trade, FactSet; Chart: Simran Parwani/AxiosBread is one of the more crucial ingredients in maintaining world stability — and it's getting dangerously expensive.Why it matters: As food prices...

Scorching Hot Temperatures Threatens Texas' Power Grid, Again

gizmodo.com 6 power plants in Texas went offline on Friday, taking 2,900 Megawatts off the grid. Texans were asked to curb their electricity usage in response, to avoid overloading the rest of the remaining power supply. It’s...

Scorching Hot Temperatures Threatens Texas' Power Grid, Again

gizmodo.com 6 power plants in Texas went offline on Friday, taking 2,900 Megawatts off the grid. Texans were asked to curb their electricity usage in response, to avoid overloading the rest of the remaining power supply. It’s...