Article Date 23/09/2021

Britain warns its food industry to prepare for a 400% rise in carbon dioxide prices

Source Globe and Mail

Britain warned its food producers on Wednesday to prepare for a 400-per-cent rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas.

Natural gas prices have spiked this year as economies reopened from COVID-19 lockdowns and high demand for liquefied natural gas in Asia pushed down supplies to Europe, sending shock waves through industries reliant on the energy source.

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