Reuters examines economic toll of 2026 US and Europe heatwaves
The segment covers the July 2026 US heatwave affecting the East Coast and Midwest with forecast highs of 100-115°F (heat index), straining the power grid amid data center demand and driving wholesale prices sharply higher. It notes similar extreme heat in Europe exceeding 40°C, with quantified economic losses, agricultural and tourism disruptions, and adaptation needs for cities and offices. It draws on official estimates, grid operator data, and company statements, referencing a Reuters report on Carlsberg beer sales and scientific consensus on climate change attribution.
Source: Reuters