Posted on 03/22/2024 4:34:53 AM PDT by Oldeconomybuyer
The strain that rising global temperatures could have on on the agriculture industry and inflation around the world will likely cause food prices to increase even more, according to new research.
Changes in average monthly temperatures have the strongest and most consistent correlation to productivity and inflation figures, according to a paper published in the journal Communications Earth & Environment on Thursday.
Researchers at the Potsdam Institute for Climate Impact Research in Germany looked at historical food prices in different categories of food goods across countries around the world to explore how fluctuations in different climatic conditions have historically impacted food inflation as well as the implications of future climate change, Max Kotz, lead author of the study, told ABC News.
The higher food prices predicted in the future are tied to extreme weather events that could disrupt a sensitive global economy. "Shocks" to agricultural productivity is the main channel that underlies the impact of climate change to food inflation, Kotz said.
High and low-income countries will both experience climate-driven inflation, however countries in the global south, especially Africa and South America, will be more affected, according to the study.
In a case study, the researchers took a look at the 2022 extreme summer heat event in Europe and found that food inflation increased by 0.43-0.93% for the continent. By 2035, this would be amplified by 30-50%, based on current warming projections, according to the paper.
(Excerpt) Read more at abcnews.go.com ...
It’s not Biden’s fault... It’s CLIMATE CHANGE!
Dumping an extra $4T on an economy might have more impact than the weather.
doesn’t help when governments shut down food production.
TOTAL BS!
Im sure its nothing to do with countries shutting down farms, limiting crops, etc. causing scarcity in supplies. Seems like a convenient way to say, “Its not us! hur hur its climate!”
A great way for researchers to hold onto their grants while food prices increase us to be sure to throw “climate change” having some negative impact into their papers. ..pay lip service to the official narrative, get funded!
It’s hard these days to tell the difference between real reports and spoof ones from The Bee.
That ABC publishes this propaganda, while the Federal Reserve announced rate cuts with high inflation and a market surging to new highs, is absolute evil. ABC is evil.
So now they’re trying to blame inflation on climate change and not our president’s policies. This is rich.
Rising global temperatures. Ok. Right. Here we are at the Spring equinox. Do temps go up at that time? Summer solstice, same question. I’m really getting sick of this climate change scam.
But what about racism?
The bee did a nice video on that, everything they were spitballing as over the top and ridiculous had already happened.
As an aside to the story , can’t remember where but it was in Europe somewhere. They built a much heralded carbon capture plant, and what did they do with that carbon? Give it to Superman to throw into the sun, zap it with the enterprise’s photon torpedos?
Nope piped it to nearby greenhouses and sold to soda and beer companies
Net change in CO2, less than zero considering the plant itself has a carbon footprint.
Lies, damn lies, and statistics….
Soon we will be Venus, or mars, just ask all the folks who have such great concern and compassion for the earth that they are buying ocean front property and flying around the world on private jets to show us how much they care
Will have.
America has exported it’s inflation to the world.
Do you remember 1981? Carter’s expensive money stalled the American economy and in doing so, it stalled all of it’s trading partners, right down to Japan. The G7 got hammered due to American policy.
Bingo. With both meat production and farming under green regulatory attack food prices with certainly rise during the famine.
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