Global warming will increase land prices in Germany

Skribent: Per Karlsson
2006-09-12

Dela / gilla:

Skribent: Per Karlsson
2006-09-12

Dela / gilla:

Article filed in: Nyheter » Global warming will increase land prices in Germany

At least, that is the thesis of a paper written by the two American scientists Orley Ashenfelter and Karl Storchman (Using a Hedonic Model of Solar Radiation to Assess the Economic Effect of Climate Change: The Case of Mosel Valley Vineyards). Their reasoning is that the climatic changes will have a direct impact on the solar radiation and thence the hedonistic appreciation of the wines and land valuations. In other words, warmer weather in Germany will make the German wines better and more expensive (perhaps I am oversimplifying?). As you can guess, it is a scientific paper , 39 pages in all, and you can read it all here. If the full paper is a bit too much for you you can read the article in Forbes Magazine

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Per Karlsson

Swedish. Per is co-founder together with his wife Britt of BKWine. Rumour has it that his interest in wine started already when he was 11. Just like Britt he visits some 200 wineries each year on wine tours and for journalistic research. He writes about wine primarily online on BKWine Magazine and in the BKWine Brief. Per is also a professional photographer, specialising in wine and travel photography. See BKWine Photography for more on this. Since a few years back he has also branched out into video production on the same subject. He has contributed all images, and some text, to BKWine’s wine books.

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