Global Decarbonization: Negative Agricultural Impacts
By Craig D. Idso -- September 15, 2022
“… a $150 per ton of CO2-equivalent (CO2e) tax [is estimated to globally] … increase the price of milk by approximately 49 percent, the price of rice by 67 percent, and the price of beef by a whopping 108 percent.”
Over the course of my career I have often been asked by concerned persons if there is any downside to implementing CO2 emission reduction policies on the off-chance that model projections of future climate change might be right. These well-meaning individuals do not necessarily believe or buy into the mantra of global warming extremism, they simply seek some sort of an insurance policy to defuse fears accumulated from the constant flow of projections of a forthcoming climate apocalypse.
And so it is when legislation like the recent U.S. Inflation Reduction Act of 2022 comes up for debate, they stay silent or simply go along with the crowd, assuming or wanting to believe that such legislation is just the insurance policy they have hoped for.
But it isn’t. Nor does it represent the end to efforts to curb CO2 emissions, for it has been openly stated since the days of the Obama Administration that the end game of climate alarmism has little to do with saving or improving the environment, but everything to do with legislating fossil fuel use into oblivion. And that objective brings some rather serious repercussions upon society.
https://www.masterresource.org/climate-policy/decarbonization-negative-agriculture-impacts/
