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Fossil fuels are a big input into agriculture. Running machines, fertilizer, transportation to market. Fossil fuels are used because for the industry they are
by 99_00 4y ago
Fossil fuels are a big input into agriculture. Running machines, fertilizer, transportation to market.
Fossil fuels are used because for the industry they are the best cost vs benefit. The industry doesn't pay the externalities.
Moving off fossil fuels or forcing the industry to pay externalities increases input cost and price for consumers. If managed correctly (considering technological, economic, business) price increases can be acceptable.
If managed incorrectly, it means prices skyrocket and some people simply in the world simply can not afford adequate nutrition.
It is my opinion that sanctions, ESG, and fossil fuel divestment are incorrect management of transitioning off fossil fuels. And we are seeing the result.