{"id":604269,"date":"2023-08-28T00:00:00","date_gmt":"2023-08-28T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/28\/climate-change-is-threatening-bordeaux-global-supply-chains-are-exposed-to-chinas-monopoly-on-rare-earth-metals\/"},"modified":"2023-08-28T00:00:00","modified_gmt":"2023-08-28T00:00:00","slug":"climate-change-is-threatening-bordeaux-global-supply-chains-are-exposed-to-chinas-monopoly-on-rare-earth-metals","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/28\/climate-change-is-threatening-bordeaux-global-supply-chains-are-exposed-to-chinas-monopoly-on-rare-earth-metals\/","title":{"rendered":"Climate change is threatening Bordeaux + Global supply chains are exposed to China\u2019s monopoly on rare earth metals"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> Bordeaux winemakers look to abandon vineyards as climate change bites: <\/strong> Up to 5k hectares of vineyard area in France\u2019s Bordeaux could be converted to other uses as farmers are deciding to either shut down production or change up the crops they\u2019re cultivating, according to local authorities\u2019 data from early June and July this year, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/08\/28\/france-pays-winemakers-to-rip-up-vines-on-bordeaux-uncertainty.html\" style=\"\" rel=\"noopener\">CNBC<\/a> reports. Aside from climate change, exports of Bordeaux and other wines have dropped by 5% y-o-y as consumers are opting for lighter wines and beers, according to data from Statista, cited by CNBC. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> What\u2019s a disaster for some comes with benefits for others: <\/strong>In recent years, winemakers have had to cope with more extreme weather phenomena such as hailstorms, frosts, and droughts, explains Sylvie Courselle, an agricultural engineer and enologist. Water for irrigation is also harder to get which is a major threat to the region\u2019s wine industry, she adds. However, winemakers in colder parts of the world are getting a revival: German winemakers are benefiting from the warmer temperatures, as do the English, with production surging in 2018 and only weakening gradually in the years after.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> China\u2019s chokehold on rare earths could disrupt supply chains: <\/strong>China\u2019s near-monopoly on the production and processing of rare earth metals has made the US and other countries vulnerable to supply chain disruptions and price shocks, US Trade Representative Katherine Tai told <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/08\/27\/ustr-china-rare-earths-dominance-makes-us-supply-chains-vulnerable.html\" style=\"\" rel=\"noopener\">CNBC<\/a>. China had taken this step with Japan back in 2010, when it limited its exports of rare earths to the Pacific nation causing prices to skyrocket and the nation struggling to meet its needs, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/commodities\/chinas-rare-earths-dominance-focus-after-mineral-export-curbs-2023-07-05\/#:~:text=HOW%20DOMINANT%20IS%20CHINA%20IN,Survey%20(USGS)%20data%20shows.\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<p><strong> Rare earth metals are essential for a wide range of high-tech products<\/strong>, including electric car motors, wind turbines, and smartphones. China\u2019s dominance in this market gives it significant leverage over its trading partners as it did with Japan. \u201cWhat I want to draw your attention to is not just the vulnerabilities around China\u2019s investments [overseas], but the fact that China\u2019s dominant position in the world market now in [rare earths] means that it is able to turn on the faucet and turn off the faucet,\u201d Tai told CNBC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Some French farmers are looking to completely shut down their grape production<\/p>\n","protected":false},"author":1,"featured_media":604270,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[116,147,633,638,6715],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-china","tag-climate-change","tag-enterprisepm","tag-for-your-commute","tag-supply-chains","wpautop","entry"],"acf":{"mongo_id":"72cbae1d-c256-4f92-918e-3234f8bb756e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/1311.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[604264],"teaser":"Some French farmers are looking to completely shut down their grape production","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.0eb494f8-c5c7-43c7-b961-0b628f4e032c.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Climate change is threatening Bordeaux + Global supply chains are exposed to China\u2019s monopoly on rare earth metals - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/08\/28\/climate-change-is-threatening-bordeaux-global-supply-chains-are-exposed-to-chinas-monopoly-on-rare-earth-metals\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Climate change is 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in risk of blackout, the Financial Times reports. Record-low water levels at the US\u2019 Colorado Basin \u2014 an important water resource\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/565.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579558,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/07\/execs-in-the-g20-are-more-concerned-about-inflation-than-climate-demand-for-the-latest-iphone-is-lagging\/","url_meta":{"origin":604269,"position":2},"title":"Execs in the G20 are more concerned about inflation than climate + Demand for the latest iPhone is lagging","author":"enterpriseam admin","date":"7 November 2022","format":false,"excerpt":"Step aside, climate change \u2014 G20 countries have bigger fish to fry: Executives in G20 countries are worried about inflation, the debt crisis, and increasing cost of living, pushing climate change and environment-related issues to the back of their agendas \u201cfor the first time in years,\u201d according to the World\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545060,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/the-world-doesnt-have-enough-snow-for-the-winter-olympics-toyota-to-restart-operations-following-hack-on-supplier\/","url_meta":{"origin":604269,"position":3},"title":"The world doesn\u2019t have enough snow for the Winter Olympics + Toyota to restart operations following hack on supplier","author":"enterpriseam admin","date":"1 March 2022","format":false,"excerpt":"As global warming\u2019s impact accelerates, the world could soon be lacking enough real snow to hold the Winter Olympics, warns a new study led by researchers from the University of Waterloo. The study predicts that climate change will make it difficult for nearly all prior host cities for the Olympics\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/404.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":545455,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/middle-east-and-central-asia-most-affected-by-climate-change\/","url_meta":{"origin":604269,"position":4},"title":"Middle East and Central Asia most affected by climate change","author":"enterpriseam admin","date":"30 March 2022","format":false,"excerpt":"Climate change is affecting the Middle East and Central Asia more than anywhere else in the world, leading to dire economic, financial, and social consequences for the regions, the IMF warned in a new report. Climate disasters pose a \u201cmajor threat\u201d to growth and prosperity, IMF Managing Director Kristalina Georgieva\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/760.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":579632,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/10\/are-we-going-to-gene-edit-our-way-out-of-climate-induced-agricultural-issues-dozens-of-private-jets-flying-into-cop27\/","url_meta":{"origin":604269,"position":5},"title":"Are we going to gene-edit our way out of climate-induced agricultural issues? + Dozens of private jets flying into COP27","author":"enterpriseam admin","date":"10 November 2022","format":false,"excerpt":"Can gene editing be a solution to the rising cost of climate change? Climate change has already had a number of effects on agriculture, including in Europe, which is seeing smaller harvests and higher production costs. Dutch farmer Hendrik Jan ten Cate told theFinancial Times he sees only one option\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/624.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=604269"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604269\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/604264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/604270"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604269"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604269"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}