by Frank Bergman, Slay News:
A group of experts has just published a new report that raises the alarm about Democrat President Joe Biden’s coming policies for complying with the World Economic Forum’s (WEF) “Net Zero” agenda.
According to the report from The Buckeye Institute, the Biden administration is pushing policies that seek to eliminate the farming industry and drastically alter the American food supply.
In order to meet the WEF’s “Net Zero” targets, the Biden admin seeks to eliminate meat and dairy products from the food supply.
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The policies aim to replace traditionally farmed products with plant-derived alternatives, lab-grown “meats,” and insect-based “foods.”
Under the plans, the organic agriculture industry would mostly be eliminated with the gaps in the food supply filled up with manufactured products.
Of course, meat and dairy products won’t be completely banned.
However, the cost of producing these foods will be so high that they will become a luxury that only the wealthy will enjoy, much like private jet use.
The report, released on February 7, found that the climate policies and mandates are guided by the “environmental, social, and governance” (ESG) agenda.
These policies being pushed by the Biden administration carry a hefty price tag for American farmers and consumers.
The report was authored by Trevor W. Lewis and M. Ankith Reddy, who are both economic research analysts at the think-tank.
“To better appreciate the true costs that American farms and households will likely pay for the Biden administration’s net-zero policies and objectives, The Buckeye Institute’s Economic Research Center developed a model corn farm that must play by the government’s new carbon emission rules,” wrote the authors.
“The farm’s operational costs, as expected, all rose significantly,” they added.
Crunching the numbers, the researchers found that U.S. farmers will see their operational costs rise by an estimated 34 percent as a result of the Biden administration’s “Net Zero” emissions policies.
Not only did the model predict that the government’s carbon pricing policies would raise farm operating costs, but the vast majority of consumers would no longer be able to afford traditionally farmed products, forcing many to seek cheaper “alternatives.”
“Carbon pricing will increase the average U.S. grocery bill by $110 per month, $1,330 annually, or 15 percent,” the researchers estimated.
The government’s “Net Zero” policies that the Buckeye report took into account in its analysis include the implications of rejoining the Paris Climate Accord, which targets “greenhouse gas emissions” according to the goals set out by the WEF and the United Nations (UN).
In order to achieve the climate pact’s objectives, the Biden administration committed to cutting America’s greenhouse gas emissions by 50–52 percent by 2030 and to reach economy-wide net-zero emissions by 2050.
