What is heatflation? How to tackle it
The food industry is facing many challenges, from increasing energy prices to the challenges of supply imports, and the primary challenge is climate change. The extreme high temperatures have led to a significant increase in the price of crops, including peanuts, cocoa, and coffee, for example. This price rise is called heatflation. As climate change increases the frequency of extreme weather events, this term will likely become more prevalent.
Extreme heat makes plants more vulnerable to diseases and pests and impacts the quality of the crops, making the produce less nutritious and more susceptible to spoilage. For example, olive oil and sugar have seen some notable price increases in recent years, directly related to high temperatures and droughts.
What can be done to tackle heatflation?
- Reduce your food waste and make the most of the food we produce.
- Supporting policies and rules that support food security.
- Invest in more-reliant agricultural practices.
- Reduce the overall impact of climate change. Borrum Energy Solutions offers renewable, clean energy solutions for rural dwellings, tiny homes, and cottages to help reduce the environmental impacts of properties.