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Stock impact report

How wineries from Oregon to France are adapting to climate change [CBS News]

Willamette Valley Vineyards, Inc. (WVVI) 
US:NASDAQ Investor Relations: wvv.com/investor-relations
Company Research Source: CBS News
DALLAS, Ore. - - When an Oregon valley famed for its wine heats up under the afternoon sun, Pacific Ocean winds rush through a dip in the mountains, cooling the grapes in Jeff Havlin's vineyards. The Van Duzer Corridor, the lowest point in Oregon's Coast Range, has become a go-to place for wineries and vineyards hedging their bets against climate change. Winemakers and vineyard owners in a 95-square-mile section of the corridor have applied to become the newest American Viticultural Area, with the wind its predominant feature.  When the temperature drops, you need a jacket in August, said Havlin, who on a recent afternoon was driving a utility vehicle through his vineyards. From South Africa's drought-stricken vineyards, to France's noble chateaus, to sunny vineyards in Australia and California , growers and winemakers say they are seeing the effects of climate change as temperatures rise, with swings in weather patterns becoming more severe. So they are taking action -- Show less Read more
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