• About
    • Which Energy Mix is this?
  • Climate News Network Archive
  • Contact
Celebrating our 1,000th edition. The climate news you need
No Result
View All Result
The Energy Mix
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities
SUBSCRIBE
DONATE
No Result
View All Result
The Energy Mix
No Result
View All Result
  FEATURED
Ex-Fossil Workers Convert Old Oilfields to Solar Farms After ‘Rapid Upskilling’ in Alberta June 29, 2022
London Becomes Biggest City to Sign Fossil Fuel Non-Proliferation Treaty June 29, 2022
G7 Miss ‘Golden Opportunity’, Walk Back Pledge to Cut International Fossil Finance June 29, 2022
Soaring Fertilizer Prices Could Deliver ‘Silver Lining’ For Emissions, But Farmers Struggle to Limit Use June 26, 2022
BREAKING: UN Nature Summit, the ‘Paris Conference for Biodiversity’, Moves to Montreal in December June 19, 2022
Next
Prev
Home Jurisdictions Brazil

CLIMATE DRIVES UP COFFEE PRICES: Now It’s Getting Personal

April 23, 2015
Reading time: 1 minute

Pezibear / Pixabay

Pezibear / Pixabay

 
Pezibear / Pixabay

The rising cost of your morning coffee is just one example of the “hidden economic costs our economy is suffering as a result of climate change,” Brian Reynolds argues this week on the Climate|Money|Policy blog.

At least one major coffee chain raised its prices last year, even at the risk of customer good will and a proven formula for success. The reasoning was “layered, complicated, and to some extent involves the company passing on a cost that they could have absorbed,” he writes, “but they did have a new cost. That cost came in the form of an environmental disruption that ratcheted prices up on coffee by 52% virtually overnight.”

Reynolds traces the price hike back to simultaneous, widespread crop losses in four major coffee-growing countries—Costa Rica, Guatemala, El Salvador, and Brazil. “Coffee Rust is a fungus that used to only grow to a certain altitude. In our warming world, however, its fungal habitat is higher up the mountainside where no one thought the plants needed protection. This happened while 1,500 miles away, drought was hitting the coffee plantations in Brazil. The resulting losses illustrate how the coffee industry is exposed to climate risk in a way that pushed prices up for billions of consumers all over the world.”

Reynolds says the letter last week from 43 corporate CEOs, responsible for a cumulative $1.2 trillion in sales in 2014, was important in drawing attention to climate change as a risk management issue. “There’s a tax that you pay on good of all kinds, not just coffee,” he writes. “This tax is imposed by climate change and it drains family budgets, but families don’t know it.” But “Starbucks does know it, and they’re not alone.”



in Brazil, Climate & Society, Demand & Distribution, Energy / Carbon Pricing & Economics, Food Security, International, Jurisdictions, Supply Chains & Consumption

The latest climate news and analysis, direct to your inbox

Subscribe

Related Posts

Keith Hirsche
Jobs & Training

Ex-Fossil Workers Convert Old Oilfields to Solar Farms After ‘Rapid Upskilling’ in Alberta

June 29, 2022
304
London Eye UK England
Cities & Communities

London Becomes Biggest City to Sign Fossil Fuel Non-Proliferation Treaty

June 29, 2022
103
Number 10/flickr
International Agencies & Studies

G7 Miss ‘Golden Opportunity’, Walk Back Pledge to Cut International Fossil Finance

June 29, 2022
116

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Trending Stories

Keith Hirsche

Ex-Fossil Workers Convert Old Oilfields to Solar Farms After ‘Rapid Upskilling’ in Alberta

June 29, 2022
304
François GOGLINS/wikimedia commons

Corrosion Problem Shutters Half of France’s Nuclear Reactors

June 29, 2022
131
David/flickr

U.S. Supreme Court Expected to Gut Emission Controls as Climate Scientists Petition for Plan B

June 26, 2022
1.2k
Number 10/flickr

G7 Miss ‘Golden Opportunity’, Walk Back Pledge to Cut International Fossil Finance

June 29, 2022
116
London Eye UK England

London Becomes Biggest City to Sign Fossil Fuel Non-Proliferation Treaty

June 29, 2022
103
Danielle Scott/flickr

Advocate Urges Ottawa to Intervene Before Ontario Builds Highway 413

June 29, 2022
87

Recent Posts

AJEL / Pixabay

Windfall Tax on Food, Fossil, Pharma Giants Would Raise $490B to Solve ‘Catastrophic’ Food Crisis: Oxfam

June 29, 2022
48
futureatlas.com/flickr

Ottawa Demands Deeper Fuel Emissions Cuts, Offers Fossils a Double-Dip on Tax Breaks

June 29, 2022
72
Province of B.C./flickr

Comox Joins Municipalities Seeking Ban on New Gas Stations

June 29, 2022
58
/Piqsels

Refocus Agriculture Spending to Cut Emissions, Boost Productivity, OECD Urges Governments

June 29, 2022
25
Jimmy Emerson, DVM/flickr

Public Vigilance Key to Protecting Greenbelts for Climate Resilience, Report Finds

June 29, 2022
27
Miguel V/Wikimedia Commons

Forests Fall Short of Full Carbon Storage Potential, Study Finds

June 29, 2022
46
Next Post
The deep scar of an open cast uranium mine in Namibia.

World group seeks ban on uranium and nuclear power

The Energy Mix

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Navigate Site

  • About
  • Contact
  • Privacy Policy and Copyright
  • Cookie Policy

Follow Us

No Result
View All Result
  • Canada
  • UK & Europe
  • Fossil Fuels
  • Ending Emissions
  • Community Climate Finance
  • Clean Electricity Grid
  • Cities & Communities

Copyright 2022 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.

Manage Cookie Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
View preferences
{title} {title} {title}