From chocolate to home insurance, climate change is making life more expensive

WNews
WNews 1 Min Read

If chocolate is your pleasure, you’ve undoubtedly noticed it costs more these days to get your fill.

You can thank the scarcity of cocoa for that. The majority of it grows in West Africa, where drought and disease have severely reduced crop yields. As a result, the cost of cocoa has tripled in the last year, hitting $10,000 US a ton for the first time ever.

It’s proof of how global warming is hitting our pocketbooks, says Pascal Thériault, an agricultural economist at McGill University in Montreal.

The food system “relies on stability, and what climate change does is it creates situations where

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