From YaleE360: Another consequence of climate change? Price increases and shortages of all kinds of goods.
“arguably the worst flooding in history in various parts” of Malaysia and severely damaged Klang, Southeast Asia’s second-largest port. That created a break in the semiconductor supply chain, since semiconductors from Taiwan—by far the world’s largest manufacturer of advanced microchips—are routinely shipped to Klang for packaging at Malaysian factories before being transported to U.S. companies and consumers.
“The Malaysia node in the global supply chain that hardly anyone was aware of turned out to be critical,” Christopher Mims, a Wall Street Journal technology columnist and author of , said in an interview. “It illustrates how a bottleneck anywhere in the supply chain can interfere with the availability of critical goods.”Scientists say that such climate-related disruptions are bound to intensify in coming years as the world warms. In addition, ports, rail lines, highways, and other transportation and supply infrastructure will be threatened by increases in sea level of an estimated 2–6 feet by 2100.
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