Oxfam has a new study out suggesting the climate crisis’s impact on food prices might be underestimated:
“Climate change's impact on future food prices is being underestimated, Oxfam warned in a report on Wednesday.”
“The development charity predicts that massive price spikes will be a devastating blow to the world's poorest people who today spend up to 75% of their income on food, and will also adversely affect UK consumers.”
“Its report, Extreme Weather, Extreme Price, suggests extreme weather events such as droughts and floods – made more likely by global warming – could drive up future food prices. Previous research has tended to consider gradual impacts of rising global temperatures, such as changing rainfall patterns.”
Source: Guardian