• Michael Navrystery is the Director of Analysis at Signing Geopolitics based out of Austin, Texas
• Recent cold weather has caused a significant ice storm leading to tree limbs falling down around the city
• Utility poles, cables, coatings, and transformers are all part of the global supply chain coming from various sources
• Copper ore is primarily produced out of Chile with wires made in the US, Germany, or Japan; coatings come from the Gulf Coast
• With the cold weather in Texas in Feb 2021, the chemicals industry faced delays of months to a year
• Transformers are made of steel and other technical components with the largest exporter being China
• With EU and China upheaval, U.S. sourcing managers face higher costs, longer lead times, and greater delays
• Solutions will take time and capital to restore and move components to North America, with increased investment in the industry necessary to eliminate risk.
Published February 8, 2023
Visit YouTube to read Peter Zeihan’s original vlog Geopolitical Impact of Natural Disasters: Ice Storm Edition