Essay by Eric Worrall
According to the United Nations “Race to Zero” campaign, net zero policies will make food production companies uninvestable, unless they follow net zero food rules.
Farm and food investors face $150 billion loss on climate change, report says
By Ross Kerber
Sept 20 (Reuters) – Top farming and food firms could lose up to a quarter of their value by 2030 if they do not adapt to new government policies and consumer behavior tied to climate change, United Nations-affiliated campaigners said in a new report.
Research to be presented on Tuesday looked at how 40 big companies including agricultural producers and food retailers could fare under scenarios called key to reducing emissions, such as if governments impose carbon emssions prices or if consumers reduce their consumption of meat.
The study, seen by Reuters News, found the companies’ value would decline by an average of around 7% by 2030, equivalent to some $150 billion in investor losses, if they did not adopt new practices.
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“The reality is stark: Nature risk is fast becoming an integral factor to investment risk,” said Peter Harrison, chief executive of Schroders Plc, in a statement sent by a Race to Zero representative.
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Read more: https://www.reuters.com/business/environment/farm-food-investors-face-150-bln-loss-climate-change-report-2022-09-20/
If anyone can find a link to the Race to Zero report please post in comments.
“Race to Zero”, the people who published this analysis, are a UN group.
Why do the social engineers always attack food abundance? We’ve already had a warning of what the Net Zero / low nitrate food push could do to us, the organic food shortage catastrophe in Sri Lanka.
The top down social engineers – Stalin, Mao, Pol Pot, Hugo Chávez, Dutch Government (nitrate fertiliser jihad), Biden (baby food shortage / green leap forward), and now the UN’s Net Zero push. With their coercion of food companies and farmers, the social engineers always seem to find a way to make people go hungry.
Update (EW): h/t Redge – To view the UN report click Assessing the Financial Impact of the Land Use Transition on the Food and Agriculture Sector. Thanks Redge.
That those puppies did not pay any heed to Sri Lanka demonstrates how removed from reality they are. That country went full pitchforks and torches, and most of the Sri Lankans are Buddhists.
With many other countries, they would have had the outcome of Mussolini.
Sri Lanka was a success story for the progressives, but they won’t admit it. They want to cause riots and upheaval so thay can take over.
Actually Sri Lanka was a great success story. It was simply reported wrongly by all those conspiratorial deniers who refuse to accept that we are in a climate emergency and 97 percent of climate scientists say so..
I took it that I R had just omitted the Sark sign.
Wonderful /s!
Possibly down voters struggle with a bit of wit . . . .
Sri Lanka just didn’t do the Green Transition correctly. Brandon and Co. will have it much more under control…
No. nature risk isn’t an integral factor. Government stupidity is the factor. Actually making its citizens’ livelihoods and food sources uneconomic, that’s the stupidity factor.
Hopefully most governments will see the stupidity of the UN, otherwise I forsee a few French style revolutions.
Governments are not stupid – people are…
It’s possible both are.
“Never underestimate the stupidity of large groups of people” Paraphrase George Carlin.
In Canada, Trudeau and his woke ilk want to legislate major decreases in farm fertilizer use to — you can’t make this up!— limit nitrogen entering the atmosphere as nitrogen is a dire greenhouse gas according to them and their media comrades. The fact that nitrogen is the major component in the air we breath is ignored by all the elite woke.
All this will do will decrease food production. Somehow I think this is their aim.
António Guterres could stand to eat a few plates of those critters.
I like to imagine he is full of live ones. I keep waiting for one to come out of his nose.
Klaus Schwab has said once the WEF controls the food supply they can implement the Great Reset. Its all downhill for the proletariat after that
“Who controls the food supply controls the people; who controls the energy can control whole continents; who controls money can control the world.”— Henry Kissinger
Kissinger is Klaus Schwab’s teacher, founding member of WEF and Trilateral Commission. Educator of Jim Carter, the first president controlled by Trilateral Commission.
Come to think of it, representative Lizard Cheney might find them delicious.
Any farmer that goes down the “eat bugs” route will lose..
People have had just about enough of this idiotic nonsense.
Nobody likes me, everybody hates me
I think I’ll go eat worms!
Big fat juicy ones
Eensie weensy squeensy ones
See how they wiggle and squirm!
Down goes the first one, down goes the second one
Oh how they wiggle and squirm!
“Then I think I’ll die”.
“Race to Zero” sounds like a race to the bottom.
……. ……. …….
Duh! That’s what it is.
It’s also the road to nowhere.
Roaches and worms, 3xday, and cold – no planet warming heating peeps!
Yep, no one needs food
That just about sums up race to nut zero.
The food will just appear as it always has .
That is what these idiots think until the shi! hits the fan .
Most of these people sitting in offices offering advice have no clue at all how food is grown to feed the increasing population of the world .
Half of all the food grown in the world is grown by using nitrogen fertiliser .
After the second world war the worlds population was around 2.5 billion .
In November this year the worlds population will pass the 8 billion mark.
This means that the world has to feed 5.5 billion more people than were here in 1945 .
Nitrogen fertiliser and improved crop varieties have enabled farmers and growers to produce this massive amount of extra food .
The nut case Greenpeace are agitating to ban all nitrogen fertilizer and if governments are that stupid ( which I think they are ) starvation through out the world will occur .
Artificial fertilizer grows so much more food that many countries can keep land as reserves but once hunger becomes widespread all land would be slashed and burnt to grow enough food to try and survive .
Natural gas is fundamental to producing urea and ammonia fertilizer
Urea and ammonia fertilizer feed half of the population on this planet .
4 billion people rely on nitrogenous fertilizer to survive.
chatting a young farmer here talking about our local ag nuts pushing the no nitrogen scam
and laughed at the fact the best nitrogen for plants IS RAIN
will they try n ban rain now?
Most of these people sitting in offices offering advice have no clue at all how food is grown
There’s something going around saying “if everyone grows just one thing and we all trade with each other, we can all eat for free”.
The people pushing this, and the people buying it, have never tried to feed a family with what they grow. They really have no idea. Sadly, there are a LOT of them.
Canada IS that stupid. Trudeau wants to severely limit fertilizer usage by farmers in the name of decreasing nitrogen in the air! And the media blindly goes along with this. He wants a two fold effect: less food available PLUS pushing farmers out of business so even less food is available. Evil as well as stupid.
Thats why the US converts near 6 billion bushels of corn each year to ethanol, to be burned in our cars. Will this or future governments stop this madness to stop people from starving
The Dictator’s Club. Psychopaths whose intention is to depopulate and re-make the Earth with the help of their useful idiots,. Their goal depends on their true intentions staying hidden and too many people oblige, through doubt or cowardice. “The Only Thing Necessary for the Triumph of Evil is that Good Men Do Nothing.” – Edmund Burke
…say the same people who assured us oil and gas companies were going to go bankrupt any day now. Socialists who spend no time in the private sector are excellent economists and savvy financial prognosticators, dontchaknow.
In other news “UN Race to Zero drops its ‘no new coal’ language”
https://markets.businessinsider.com/news/stocks/un-race-to-zero-drops-its-%E2%80%98no-new-coal-language-11730283?op=1
This just shows everyone how out of touch the Marxists are with the people. We don’t want to eat bugs, no matter how good they are for nutrition. That’s not the point, but I don’t think they know what the ‘point’ is. They/Marxist/Socialists/Globalists/Whatever believe mutual lifestyle is equitable regardless of the level when in reality it depends on those who produce to carry those who do not. It’s self defeating by design.
I’ve about had it with the “eat bugs”meme. Can anyone really be serious about this? Even if we all loved to eat bugs and decided on those instead of a balanced diet of meat, dairy, fruits, vegetables, grains, etc., feeding 7 billion people with bugs would still require a massive, resource intensive agricultural production, processing, transportation and marketing enterprise. The right bugs in sufficient quantities at the right places and times don’t just magically appear, and they never will.
If I were to encounter a bug-o-phile, which I never have to date, all I could do would be to laugh and proceed to humiliate them for their idiocy.
The top down social engineers – Stalin, Mao, Pol Pot, Hugo Chávez, Dutch Government (nitrate fertiliser jihad), Biden (baby food shortage / green leap forward), and now the UN’s Net Zero push. With their coercion of food companies and farmers, “the social engineers always seem to find a way to make people go hungry:…..except themselves!
I think my preference would be to feed those crunchy critters to chickens, ducks, or turkeys, and then eat the less foul fowl. Chickens will even dispose of small rodents, given the opportunity. They will swallow a mouse whole. A chipmunk might be more than they can handle in one mouthful, but they shouldn’t have any difficulty pecking it apart. A word of caution, don’t take a nap around free-ranging chickens.
Many of those illustrated invertebrates also would make good fish bait.
Our egg hens were free rangers and never gave us any trouble. Well, the occasional rooster would, but a notice for “free rooster” up at the local hardware store bulletin board would take care of that. We had a very friendly hen named Abigale that loved to be carried around, a charming creature, but death to any bugs.
Yes. We had a pet bantam cock who lived with us. He had a special noise when he saw a spider. If it was on the ground he made short work of it, but when it was on the wall or ceiling we picked him up and held him in range. He used to eat the bodies and shear the legs off with the sides of his beak. A real character!
We just started raising chickens this spring. You better believe the little barn mice have learned not to make a dash across the area we keep them in. They will disappear in flash of beaks. Those hens move FAST. If a grasshopper flies in, it usually doesn’t even get a chance to land.
watching a chook with a frog in its gob trying to jam it down while racing round avoiding its hungry mates is funny
UNICEF, the United Nations International Children’s Emergency Fund, renamed itself the United Nations Children’s Fund. So internationally, the emergency is obviously over, or the renaming would have been wrong and a waste of time.
The whole UN is “wrong and a waste of time.”
The League of Nations problem was not branching out into human rights, food, children, and global cooling (was there such a think in the 1930s?) If the UN hadn’t done so, their inept record at preventing wars would have sunk them for sure by now.
Nah.
Not approaching the goal has never sunk a gov’t agency.
Dept of energy
Dept of education
Dept of ….
At some point people are going to start taking this personal and individuals will pay for their transgressions. I don’t understand this
ignorance, they keep getting dumber and dumber.
Dumm and Dummer please.
Top farming and food firms could lose up to a quarter of their value by 2030 if they do not adapt to new government policies and consumer behavior tied to climate change
… or all of it if they do.
These idiots can’t even do math – the guts of the report says 7% yet the headline says up to a quarter.
“Math is hard!”
Barbie
It’s even harder if you’re convinced that it’s racist.
LOL, and we thought common core math was goofy.
At least you could get to the right answer.
2+2 could equal 5, until they ask for change at the bank!
The problem is that all firms are likely to lose at least a quarter of their value by 2024 pursuant to the Democrat’s policies tied to socialism.
…shortage / green leap forward), and now…
______________________________________
The Green Leap Forward needs to catch on and carry with it the image of what Chairman Mao’s Great Leap Forward accomplished.
Wikipedia says:
Millions of people died in China during the Great Leap, with estimates ranging from 15 to 55 million, making the Great Chinese Famine the largest or second-largest famine in human history.
These people are pure evil.
https://climatechampions.unfccc.int/wp-content/uploads/2022/09/Assessing-the-financial-impact-of-the-land-use-transition-on-the-food-and-agriculture-sector.pdf
Thanks Redge 🙂
Depends on what you define as ‘Food’
The Classic Example being the buffalo of the American west.
…. some muppets came along in a train, blasted them to hell just because they could and then turned that ground into a dust bowl via the production of sugar
Buffalo are ‘Our sort of food‘
Not sugar
“Those who persuade you to believe in absurdities, can persuade you to commit atrocities”.
Voltaire (paraphrasing)
And all these UN self important people have proven skills and real life experiences in what exactly?
The UN is a walking disaster, far too big for it’s boots and should be called to task and stop spreading fear and panic across the globe with blatant lies and sophisticated misinformation.
Now thoroughly infiltrated by Communist Activists, hell bent on destroying Capitalism, there appears to be no stopping of it’s activities.
At 86 years old I can but worry for my descendants and future generations.
I can see the UN collapsing within a few years as a real possibility. A question is what would grow in its place? A new organisation domiciled in China? A rash of Continental alliances?
We have always been at war with Eastasia.
“Could”, “up to”, “if”, “if”, “if”
Rubbish
and theyll lose FAR more under nut zero idiocy if theyre stupid enough to play along.
recent Eu and elsewhere is an example of how lousy it might get for them
What a great way to get China to fish the seas dry.
No fish in the ocean will be blamed on climate change and plastic straws, not overfishing.
Millions of frozen-to-death elderly Europeans will be blamed on Covid, not European energy policies and green lunacy.
A ban on fertilizers with a decrease in food will have the food shortage blamed on climate change.
Harsh winters are blamed on global warming.
Forest fires the world over are blamed on climate change, not poor forest management combined with arson.
Floods in flood plains are climate change, not lack of dam maintenance.
Electrical grid failures due to instability caused by solar/wind are because the evil fossil fuel generators were not quick enough to provide the shortfall in power because they put their profits first.
Have I covered all the media positions?
Adapting in the U.S. farm and food sectors means competing with ethanol corn to get a good price for feed to supply the poultry houses and overproducing corn for the last 25 years at the expense of other crops. It is purely policy-driven distortion.
I have never voted on anyone to represent my interests in the UN? Neither have you. It is an unelected global oligarchy.
Me thinks that the UN has finally jumped the shark.
”…net zero policies will make food production companies uninvestable, unless they follow net zero food rules.”
Um, the only food rules that I follow, is what I want to eat. And that includes meat. If the food production companies continue to follow that line, they will be very investible.
Eff these leftist prigs and the crickets they rode in on. EFF no!
”Race to zero” is aptly named and the zero is the environut’s vision of human population count after they have their way, excluding of course themselves who they see as repopulating the earth with swarthy vegans and socialists once the deed is done.
…There’s a feeling I get when I look to the WEF…
Because they say now more bugs must be eaten….