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It's part of the issue. And I believe it's going to be pretty bad. For example in France, we already see some wines and champagnes change taste. After such a h
by bionsystem 4y ago
It's part of the issue. And I believe it's going to be pretty bad.
For example in France, we already see some wines and champagnes change taste. After such a hot summer the next batch of a few domains, gathered in fall, will probably contain many disappointments. Other regions which used to not have great conditions might become much more interesting to grow raisin. Maybe some clever (or lucky) guy will buy the next good fields while some of the existing domains will go bankrupt.
This is just an example of course.
- LatteLazy 4y agoI honestly wonder if buying land 100xkm north of current high value areas and waiting 20 years is a viable investment strategy. Some smart billionaire with a bunch of geographers is likely going to make a killing...
- bionsystem 4y agoAt the very least it would be a smart hedge. I mean not necessarily going north but at least have some land that don't face the sun all day like being on the "wrong" side of a mountain for example. Some of them are a fraction of the price of the next town that has sun all day. If we keep getting rises in energy prices it will be much more valuable to have diversification than to have one massive penthouse.