I occasionally post about economic topics when they are relevant to water issues, and the World Economic Forum Global Risks Report 2024, released 2 days ago fits the bill. It’s pretty concerning overall, the headline is “A deteriorating global outlook”, so have a cocktail ready. The biggest concern is “Trajectories relating to global warming and related consequences to Earth systems (Climate change)”. ”Environmental risks could hit the point of no return”. Follow the link if you can’t clearly see the chart above, but the top 4 risks over the next 10 years are environmental and they are 5 of the top 10. The economists are worried about how the environmental crisis will impact an already stressed global economic system. I am worried about the local the water crisis that is already upon us, will get much worse, and the fact that we are not adequately preparing for it. On a related note, see this article also from 2 days ago, “Climate Change Is Driving a Sharp Drop in Snow Levels, Study Finds“. It is based on this study, “Evidence of human influence on Northern Hemisphere snow loss”.