Transport problems: Low water: Economist Grimm predicts rising prices
Prices could rise for various raw materials, the economist warns. She criticizes politicians for acting short-sightedly instead of preparing for such situations.
Economist Veronika Grimm has warned that low water levels on German rivers will lead to higher prices due to transportation problems. The low water levels, particularly on the Rhine, are affecting the transport of oil to refineries and the chemical industry. Grimm criticized the government's lack of foresight in adapting to climate change, saying that politicians should have prepared for such situations instead of discussing emergency measures.
The low water level in Düsseldorf has reached a historic low, with the water level dropping to minus 1 centimeter, and only a slight increase is expected in the coming week. DB Cargo plans to reactivate old freight wagons to compensate for the loss of ship transport, which could replace 200 inland waterway vessels.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
