Britain warns food industry: Carbon dioxide prices will rise sharply

Wholesale gas prices have soared this year as economies reopened from COVID-19 lockdowns and high demand for liquefied natural gas in Asia pushed down supplies to Europe, leading to a shortage of carbon dioxide in the food industry.to restart production of carbon dioxide at two plants - one in Billingham and another in Cheshire - which were shut because they were unprofitable due to the spike in their biggest cost: gas prices.

He said the food industry would have to accept that the price of carbon dioxide would rise sharply, to around 1,000 pounds a tonne from 200 pounds a tonne. "So a big, sharp rise," Eustice said. Some of Britain's meat and poultry processors would have run out of CO2 - also used to put the fizz in beer, cider and soft drinks - within days, forcing them to halt production.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More than 200 companies joined a pledge to hit net-zero carbon by 2040More than 200 companies, including Twitter, Salesforce and Procter & Gamble, have signed a climate pledge that aims to reduce their carbon emissions over the next two decades. WTF?! Also amazon, were gonna take a rocket into space for no reason other than we can I've had enough with Amazon and their workers giving other people my packages. People don't even have to steal them they're literally giving the packages to the thieves I'm done I'm going to get off my fat butt and go shopping myself I miss it anyway
Source: CNN - 🏆 4. / 95 Read more »