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Growth of farming bubble threatens 5trn catastrophe

2013-08-09 03:36:22| Climate Ark Climate Change & Global Warming Newsfeed

Independent: The threat posed to agriculture by environmental hazards such as climate change and water scarcity is now so great that it could wipe as much as 5 trillion off the value of the worlds farm land, equipment and stock in any one year, a heavyweight study is warning. Agriculture in the UK and worldwide is under huge financial and physical stress. A surge of investment on the back of a boom in the global food commodities market meets an increasingly precarious physical environment for farming creating...

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