UK facing impending food crisis due to rising CO2 prices, govt warns

Carbon dioxide

Carbon dioxide (CO2) prices could skyrocket by 500% in Britain, the government warned its food producers on Wednesday, after extending emergency state support in order to avert a food shortage.

The warning comes as surging gas prices in Europe have sent shockwaves through industries reliant on natural gas, forcing some fertilizer plants to shut down in recent weeks.

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