The old phrase "well I wouldn’t start from here" is as appropriate as ever.
There is a good chance they got it right, but maybe we will not make it to 2040.
the way things are going, food will become key as it did during the war, but this time, many factors will overwhelm supply not just war.
I have children, I am scared for them and their long term futures string a few years like this together and food will start to get shaky far more so than it is now, if I was the government I would be maximising the support of my farming indusrty, that’s not direct support but the key supplies that underpin our production like nitrogen and chemicals, and basic profitability, I have said a number of times they should support the starting of renewable nitrogen, my guess is it will take a few years to even get it up and running but they need to get the ball rolling, so not relying on natural gas to make nitrogen, is the long term solution, so it’s better to start sooner rather than later.
If it takes 10 years to get a fully renewable nitrogen production factory running then now is the time to start.