The commissioners of agriculture of twelve states have sent a blistering letter to the big banks over their “net zero” pledges and the disastrous impacts such a policy will have on agriculture and food costs.
Achieving net-zero greenhouse gas emissions in agriculture requires a complete overhaul of on-farm infrastructure—one of the goals of the NZBA. This would have a catastrophic impact on our farmers. Proposed net-zero roadmaps describe dramatic, impractical, and costly changes to American farming and ranching operations such as switching to electric machinery and equipment; installing on-site solar panels and wind turbines; moving to organic fertilizer; altering rice-field irrigation systems; and slashing U.S. ruminant meat consumption in half, costing millions of livestock jobs.
To make matters worse, these changes will increase food costs and decrease food production at a time when global food demand is expected to rise dramatically. The “green premium” from low emissions ammonia alone is predicted to increase fertilizer costs by up to 60% and food prices by up to 26%, even according to net zero proponents like the World Economic Forum.
In other words, net zero fossil fuels could mean millions of people across the planet could go hungry, suffer malnutrition, or even starve. This is some way to “save the planet.”