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.Fertilizer production is a major source of industrial CO2. As plants convert natural gas into fertilizer, they produce CO2 as a byproduct for industrial use. Carbon dioxide is used in several ways in food production, including to stun animals, as an alternative refrigerant, …
