The most popular alcoholic beverage in the world could become a lot more coveted.
"It's really to alert people in developed countries: Climate change impact will happen to you as well".
It revealed that in the United Kingdom, beer consumption could drop by between 0.37bn and 1.33bn litres, while the price could as much as double. During the extreme climate events, prices for a 500-milliliter bottle, slightly more than a pint, in Ireland will rise from about $2.50 to $5.00.
A beer drought looms because of global warming, scientists warn.
Global barley yields could drop up to 17 percent as a result of extreme weather, said the study released by journal Nature Plants. "That makes sense. This is a luxury commodity and it's more important to have food on the table". The king of USA beer production remains Budweiser, which produces the No. 1 (Bud Light) and No. 3 (Budweiser) top-selling brands.
"The public may care more about the changing climate after realizing how it will affect their weekend parties, socialization and even their watching of the World Cup", the researcher said.
Experts predict barley production could drop by 17 per cent in the years to come which would also impact the price of beer.More news: Trumps Says Climate Change Not A Hoax, But Denies Lasting Impact
Still, there will be differences among nations, with the United States and Australia probably producing more barley while China, Brazil and Japan produce less.
It is possible that more drought- or heat-tolerant barley cultivars may be developed in future, which would reduce the risk of climate change to supplies of beer.
However, some individual countries may see much greater price hikes than these averages, since the study factored in how much demand will be able to withstand the price pressure.
The economic models used in the paper demonstrated strong potential for price surges in some beer-loving countries, and whether or not people get to enjoy a frosty mug of suds will likely depend on their willingness to pay.
"It may be argued that consuming less beer isn't itself disastrous, and may even have health benefits", Guan said in a statement from the University of East Anglia, where he works.
That's because the largest price increases will be found in affluent areas as well as beer-loving ones, while countries where beer now costs the most (like Australia and Japan) are not necessarily where future price hikes will be the highest.
While previous research has looked in detail at what climate change means for essentials like wheat or rice, less attention has been paid to so-called "luxury goods".
There is bad news for all beer drinkers across the world as climate change could set skyrocket price as well as dramatic global supply shortage in the coming future, as per a new study.