Low river levels have stalled German freight traffic and forced closure of nuclear plants in France Across Europe this scorching summer, workers have struggled in the heat as wildfires raged and critical infrastructure was shut down. Here we look at the impact of the heatwaves on several major economies across mainland Europe – with the help of analysis from economists at the Dutch bank Triodos , who estimate a total of €180bn could be wiped off EU GDP by the heatwaves. In the UK, the green thinktank Verdant said this week that the heat had already cost the economy £4.4bn by the end of July. Continue reading...
Across Europe this scorching summer, workers have struggled in the heat as wildfires raged and critical infrastructure was shut down.
Here we look at the impact of the heatwaves on several major economies across mainland Europe – with the help of analysis from economists at the Dutch bank Triodos, who estimate a total of €180bn could be wiped off EU GDP by the heatwaves. In the UK, the green thinktank Verdant said this week that the heat had already cost the economy £4.4bn by the end of July.
Research shows productivity tends to decline once temperatures breach 30C. Analysts at Triodos assessed the hit to each country on the basis of factors including how many unusually hot days it has suffered, giving a broad-brush estimate – but each economy also faces its own particular struggles.
France
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