A food ‘apocalypse’ will make Russian energy crisis the least of our worries
By David Callaway, Callaway Climate Insights
(David Callaway is founder and Editor-in-Chief of Callaway Climate Insights. He is the former president of the World Editors Forum, Editor-in-Chief of USA Today and MarketWatch, and CEO of TheStreet Inc.)
LONDON (Callaway Climate Insights) — Among the many calls at last week’s Dublin Climate Summit for more wind power and investment in other renewable energies across Europe to combat the Russian oil and gas crunch, there was only one real mention of the threat from the Ukraine war on food and alternative proteins.
But the potential for an “apocalyptic” food crisis exploded on to the front pages of British newspapers this week after the governor of the Bank of England, Andrew Bailey, testified in Parliament of a very real crisis developing because of rising food prices and lack of supplies from Europe’s breadbasket in Ukraine, and Russia.
Bailey was roundly criticized for his choice in words, but while the impact of soaring oil and gas prices have been with us for many months now, the lagging blow of a food crisis is really still yet to come. . . .
To read the full column, all our insights, news and in-depth interviews, please subscribe and support our great climate finance journalism.
Callaway Climate Insights Newsletter
Sponsor
Find a Vetted Financial Advisor
- Finding a fiduciary financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to 3 financial advisors that serve your area in 5 minutes.
- Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. Get on the path toward achieving your financial goals!
More from ClimateCrisis 247
- Did US And EU Break Climate Promises?
- US Forces Global Greenhouse Gases Higher
- Expensive Technology Creates Clean Water For The Poor
- U.S. Energy Official Calls 2050 Environment Goals A “Train Wreck”
