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.
“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….