Brutally, the climate strikes down Europe's economies - every sector suffers.

If the heatwave, drought and low river levels become a regularly recurring phenomenon, then Europe will have to adapt not only to the weather damages, but also its entire economy to a warmer continent. This summer shows what the functioning of the European economy can look like in a persistently warmer climate. Several regions of the continent are simultaneously hit by extreme heat, drought, low river levels and forest fires, and the consequences already go far beyond agriculture or tourism. The extremely low water levels of the Rhine and the Danube make shipping difficult or impossible in some places, power plants are forced to reduce their production, farmers expect a dramatically worse harvest, while the heat directly reduces people's work performance. According to a Reuters summary in August, a 6–7 percent loss of yield was expected in some European regions for corn and sunflower as early as July. The peculiarity of the problem is precisely that the different effects do not ...