The impact of extreme weather events on food prices overshadow the ‘modest increases’ expected under the proposed CPRS or even more ambitious emissions trading schemes, The Climate Institute briefing paper ‘Food Prices and Emissions Trading’ – released today – suggests. Droughts and other extreme weather events, which are on the rise, have recently increased grocery shopfront prices for lamb by almost 60 per cent and tripled the price of bananas, the think tank... ...Read more »