excalibur
Diamond Member
- Mar 19, 2015
- 21,524
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Cutting energy production was never a good idea. But the people who do that really don't give a f@#k about people. They have no empathy while claiming they do.
Some experts did warn us about this in advance. For example, a European CEO told the media the following all the way back in November…
Holsether says that a food crisis is coming because the cost to produce a ton of ammonia has gotten nearly ten times higher…
In order to fix this, we need to solve the global energy crisis. Unfortunately, as I have been repeatedly warning my readers, the global energy crisis is only going to get worse.
So we have a really, really big mess on our hands.
In Africa, many farmers are not going to be able to afford fertilizer at all this year, and it is being projected that this will reduce production by enough “to feed 100 million people”…
To make sure that their people won’t starve, African governments will need to import massive amounts of food from elsewhere…
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Some experts did warn us about this in advance. For example, a European CEO told the media the following all the way back in November…
“I want to say this loud and clear right now, that we risk a very low crop in the next harvest,” said Svein Tore Holsether, the CEO and president of the Oslo-based company. “I’m afraid we’re going to have a food crisis.”
Holsether says that a food crisis is coming because the cost to produce a ton of ammonia has gotten nearly ten times higher…
In Europe, the natural-gas benchmark hit an all-time high in September, with the price more than tripling from June to October alone. Yara is a major producer of ammonia, a key ingredient in synthetic fertilizer, which increases crop yields. The process of creating ammonia currently relies on hydropower or natural gas.
“To produce a ton of ammonia last summer was $110,” said Holsether. “And now it’s $1,000. So it’s just incredible.”
In order to fix this, we need to solve the global energy crisis. Unfortunately, as I have been repeatedly warning my readers, the global energy crisis is only going to get worse.
So we have a really, really big mess on our hands.
In Africa, many farmers are not going to be able to afford fertilizer at all this year, and it is being projected that this will reduce production by enough “to feed 100 million people”…
With prices tripling over the past 18 months, many farmers are considering whether to forgo purchases of fertilizers this year. That leaves a market long touted for its growth potential set to shrink by almost a third, according to Sebastian Nduva, program manager at researcher group AfricaFertilizer.Org.
That could potentially curb cereals output by 30 million tons, enough to feed 100 million people, he said.
To make sure that their people won’t starve, African governments will need to import massive amounts of food from elsewhere…
“We are likely to see a scenario where yields are depressed and this will mean that either the government will have to readjust their budgets and import food or there will be food shortages,” Nduva said.
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Skyrocketing Fertilizer Prices Could Spark Widespread Global Famines Unlike Anything We Have Seen in Modern History
I am going to try to make as much noise about this crisis as I can, because we…
redwave.press