Business Jul 25, 2023
Extreme weather is changing tourism. The travel industry isn’t ready
Higher temperatures will deal a serious blow to the EU's tourism sector, with southern Europe and its warmer climate affected the most.
Higher temperatures will deal a serious blow to the EU's tourism sector, with southern Europe and its warmer climate affected the most.
The shortage comes at a time when supply crunches in nearly all the world’s energy markets have worsened inflation and stifled growth.
Much of the price increase in ship fuel has been due to a rally in crude oil, which is used to make most marine fuel.
To comply with the measure, owners and managers have had to reroute ships, delaying shipments and crew changes.
The U.S. climate envoy said in April that he wants international shipping’s emissions to drop to zero by 2050.
The situation has gotten so desperate that an elite salvage squad is due to arrive Thursday to work on prising the Ever Given from the bank of the canal.