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By SRH, The Net Zero Climate Agenda Imposes Laws and Costs on Farmers, Resulting in Higher Food Prices for Americans.

Farmers throughout the Western world are cautioning that cost increases resulting from the net zero movement could push food prices even higher and throw many small farms out of business, given the ongoing high rate of inflation.
Although progress has been made, the battle against inflation is still ongoing, as evidenced by the 3.1% increase in inflation in January compared to the same month last year.

Since President Joe Biden assumed office in January 2021, prices have increased overall by about 18%.

Official data indicates that in the last three years, the value of an American dollar has decreased by almost one-fifth, which is why many people are struggling in the economy. However, there are many who contend that the cost of food and other needs has increased beyond the official estimates.

Regarding the upcoming year, the United States Department of Agriculture (USDA), which keeps an eye on food prices, is optimistic. The USDA states that “food prices grew more slowly in 2023,” rising by just 5.8 percent, after rising by 9.9 percent in 2022.

The USDA projects that “food prices are expected to continue to decline in 2024.”

A second round of price inflation, according to US agriculture economists, is likely due to the Biden administration’s “whole of government” efforts to lower global temperatures, even though some people assume the worst is over.

The purpose of a recent Buckeye Institute study is to evaluate the expense to farmers of bidenomics.

According to the article, “Net-Zero Climate-Control Policies Will Fail the Farm,” farmers’ costs will rise by at least 34%, meaning that an American family of four will have to pay more than $1,300 more for groceries each year.

“Complying with net-zero emissions policies and corporate ESG reporting requirements will increase the prices of farm inputs, the costs of which will ultimately be passed onto consumers at grocery stores and restaurants,” according to the study.

“This is where the left is going, trying to get to net zero,” Rea Hederman, the executive director of the economic research department at the Buckeye Institute, told The Epoch Times. Farmers bear additional expenses on top of price hikes brought on by weather, inflation, or other factors that affect food prices in general.

“The fact that the federal government printed too much money is on top of that,” he continued, “and it’s a sustained increase, not a temporary fluctuation in food prices, because you’re building higher baseline operating costs that are going to be permanent for farmers going forward.”