Fertilizer Fracas in Canada
Canadian Prime Minister Justin Trudeau’s push to accelerate the fight against climate change is sparking a showdown with the nation’s farmers, who say it’s threatening food supplies and their profits. One estimate signals accumulated losses of C$10.4 billion ($8.08 billion) by 2030 due to reduced output. The government is proposing to cut emissions from fertilizer use 30% by 2030 as part of a plan to get to net zero in the next three decades. But growers say to achieve that, they may have to shrink grain output significantly.
Production losses could be significant, according to an analysis commissioned by Fertilizer Canada. The country could lose over 160 MMT of canola, corn and spring wheat between 2023 and 2030 due to the plan, according to the report. That’s nearly double Canada’s expected grain production this season.
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