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The John Batchelor Show

S8 Ep1109: European Heat Waves and Shifting Commodity Markets. Simon Constable. Extreme heat is becoming the norm in Europe, driving demand for air conditioning and pressuring electrical infrastructure. Commodity prices show mixed signals; oil and gas have risen due

The John Batchelor Show

John Batchelor

Arts, News, Books, Society & Culture

4.52.8K Ratings

🗓️ 9 July 2026

⏱️ 13 minutes

🧾️ Download transcript

Summary

European Heat Waves and Shifting Commodity Markets. Simon Constable. Extreme heat is becoming the norm in Europe, driving demand for air conditioning and pressuring electrical infrastructure. Commodity prices show mixed signals; oil and gas have risen due to Middle East tensions, while industrial metals like copper decline. In Britain, Andy Burnham is positioned as a likely future prime leader. (13)

Transcript

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0:00.0

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0:25.6

This is a high risk investment and you should not expect to be protected if something goes wrong. I'm John Bachelor, to Simon Constable, writing for distinguished publications, the

0:50.9

Wall Street Journal and Barron's.

0:52.8

He is in the south of France except not.

0:55.6

He's now in the north of England, outside of the heat wave striking Europe these last weeks.

1:01.9

Not the past, but the future, says the Financial Times, asking this question,

1:07.7

is Europe prepared for a world of extreme heat, subhead? In an air-conditioned

1:13.0

Luxembourg meeting, ministers call for a business case for coping with the world's

1:18.5

fastest warming continent. Simon, the FTs article goes on to say that Europe is heating

1:26.7

generally in a direction that it's only going to get

1:30.3

worse. So the 40 to 40 degrees centigrade you've been living with in the south of France is going to

1:35.9

become a commonplace summertime fair from London to Milan. You're outside of that zone right now,

1:43.8

and I'm just checking to make sure that it occurs,

1:48.2

it seems to you, you can live in it, because it was very difficult those weeks where it was 40 to 44.

1:55.0

How is it outside of the heat? Do you feel more human again? Good day to you, Simon.

1:59.6

Good day to you, John. Thanks for having me on the show.

...

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