Drought conditions in many parts of the world are impacting the shipping industry by reducing the water levels in rivers and canals.
Shipping is the lifeblood of commerce. Before there were roads, there were rivers. Since early humans first left their caves thousands of years ago, waterways have been the lifeblood of commerce. Many of the world’s great cities — Paris, London, Shanghai, New York — are located along rivers that made them trading centers.
Now, let’s be clear. There is no one component of the climate crisis that can be blamed on a particular part of the global economy. Cars and trucks certainly are a big part of it. Cement, steel-making, construction, mining, and generating electricity all add to the burden of excess greenhouse gases. But shipping accounts for about 3% of all global emissions.
Last year, for instance, Europe suffered through its worst dry spell in 500 years. That resulted in lower water levels in the Rhine river, one of Europe’s most important shipping routes. To compensate, ships were forced to reduce the amount of cargo they could carry, disrupting supply chains and raising prices for all.
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