Global Warming and Wine

I recently posted a comment on the market reaction to global warming. I also left a comment in Marginal Revolution to see if I can get a bit of Tyler Cowen´s wisdom on this matter.

I now find this video in kottke.



The bottom line: global warming is happening and is changing the growing patterns of grapes. In the next decades, we expect some wine growing regions to become "not viable". Some others will become viable, though (NW of the US, the UK, etc.). Not much on the market changes.