Study finds increased food prices and decreased agricultural output in OECD nations with advanced renewable energy.

A study suggests that the shift to renewable energy sources has led to increased food prices and decreased agricultural output in advanced OECD nations. Analyzing data from 32 OECD countries, researchers found a more pronounced effect on costs and production in countries with advanced renewable technology. The study recommends governments implement policies to alleviate these negative consequences and further investigate why advanced stages of an energy transition have a stronger impact on food prices and agricultural production.

August 12, 2024
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