The vainglorious shunning of gas production in Europe in quest for weather salvation will hurt the world’s poor the most. As Europe scrambles to replace the astonishing loss of 70% of their own fertilizer production they will be competing to import fertilizer from stretched markets around the world.
The price rises in gas, fertilizer and next year in food, will hurt the poorest of the poor far more than the theoretical temperature rise ever could. Thank the EU. Thank the Greens.
Click to enlarge: It’s a wipeout
Higher gas prices deepen Europe’s fertiliser crunch, threaten food crisis
Europe’s fertilizer crunch is deepening with more than two-thirds of production capacity halted by soaring gas costs, threatening farmers and consumers far beyond the region’s borders.
As Europe becomes a net importer of fertilizer, the fallout from the supply crunch will spread. The region will start competing for scarce supplies with poorer nations…
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