VIENNA — Europe and parts of the U.S. are set for a sweltering and dry summer this year, posing risks for crops and boosting demand for energy for cooling at a time when prices of commodities are already running high.
Scientists at the Copernicus Climate Change Service, who published their seasonal outlook on Friday, said hotter and drier weather is highly likely across key agricultural regions in the European Union. It could bring drought conditions for farmers who are already battling the impacts of climate change.
Abnormally high temperatures could also fuel natural gas demand for air conditioning. Russia’s war on Ukraine has already driven gas prices in Europe higher, contributing to a cost of living crisis across the region.