According to the prevailing view, inflation is driven by climate change. This is how the Potsdam Institute for Climate Impact Research determined it - and many media parrot this alleged connection. However, from a certain economic point of view, this equation is not correct.<\/p>\n
Prices - here on the goods market - arise from supply and demand. Climate change can make supply production more difficult, for example due to lack of water, etc. \u2013 but that doesn't necessarily have anything to do with demand. This does not answer the question whether demand will then automatically be only at higher prices than before. Pricing is not automatic, even though an economics textbook in a simple economics class would probably see it that way. (NEOPRESSE, more at neopresse.com<\/span><\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":" The prevailing view is that climate change is driving inflation. This is what the Potsdam Institute for Climate Impact Research has determined \u2013 and many media outlets parrot this alleged connection. However, from a certain economic perspective, this equation is not correct. Prices \u2013 here in the goods market \u2013 arise from supply and demand. Climate change can make it more difficult to produce supply, for example due to a shortage [\u2026]<\/p>","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27010","post","type-post","status-publish","format-standard","hentry","category-klimaticka-zmena"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/comments?post=27010"}],"version-history":[{"count":0,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/posts\/27010\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/media?parent=27010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/categories?post=27010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.co2news.sk\/en\/wp-json\/wp\/v2\/tags?post=27010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}