The current narrative about high food prices is that carbon pricing is to blame and is being promoted by at least one political party. By contrast, a 2024 report from the Canadian Agri-Food Policy Institute notes that climate change has produced a “cascade of challenges” including a ripple effect through the supply chain.
Things like drought, extreme heat and flooding have resulted in major crop failures on a global scale – supply and demand economics. These extreme weather events have been attributed to a warming planet, the result of increasing emissions from burning fossil fuels. Ironically, while carbon pricing is a policy attempt to reduce those emissions, it is being labelled as the cause of high food prices. We are in a cause and effect dilemma.
Ron Robinson
Nelson