The Presidential Daily Brief


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    Global Warming Could Double the Cost of Beer

    Examining the world’s barley-growing areas, where extreme droughts and heat waves are expected to become more common, researchers determined that global beer consumption could decline by as much as 16 percent as average prices double by 2100. The experts, who incorporated an economic activity model in their research, believe farmers will increasingly feed their barley to livestock during extreme weather events, rather than sell it to brewers. Meanwhile, industry experts say brewers are planning for the future by shifting to hardier barley strains and more temperate growing regions.

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