In the realm of environmental policy, the British Parliament’s Environmental Audit Committee has released a report in line with the UN’s COP28 summit, advocating for a shift in the food and farming system to accommodate climate change and biodiversity loss. The report suggests a reduction in meat consumption, higher import taxes on environmentally irresponsible foods, and the implementation of sustainability ratings on food labels. It also proposes the introduction of “Environmental Land Management” schemes, which would financially incentivize farmers to undertake environmentally beneficial actions.
Meanwhile, the UN estimates that addressing climate change will require a staggering $131 trillion by 2050. France has been noted for exceeding its climate financing commitments, contributing €7.6 billion in 2022. The report also explores the concept of a “fair share,” suggesting that individuals may need to pay between $200,000 and $1,000,000 to meet climate goals. Lifestyle changes, such as reducing meat consumption and energy usage, are also highlighted as necessary steps towards achieving these goals.
In the world of international health, Dr. Meryl Nass has reported on the potential collapse of the World Health Organization’s (WHO) influence. Countries such as Slovakia, Estonia, Romania, New Zealand, and South Africa are reportedly rejecting the WHO’s International Health Regulations amendments, raising questions about the organization’s future role and accountability.
Turning to the political landscape, Jim Rickards predicts the upcoming 2024 presidential election to be a significant event, with potential nominees including Gavin Newsom, J.B. Pritzker, Gretchen Whitmer, or Jennifer Granholm for the Democrats, and Donald Trump for the Republicans. He also anticipates economic challenges for both China and the United States, with potential recessions in both countries, as well as Japan and the EU.
In terms of international conflict, the situation between Russia and Ukraine is expected to escalate, with potential attacks on Ukraine’s energy infrastructure. The Israeli-Hamas conflict is also predicted to intensify, potentially leading to higher oil prices and a severe recession in the US and Western Europe.
In the tech world, Facebook CEO Mark Zuckerberg is reportedly building a massive underground bunker in Hawaii, complete with its own energy and food supplies. The construction, which is estimated to cost around $100 million, is part of Zuckerberg’s 1,500-acre ranch in Kauai. This move aligns with a trend among billionaires to build doomsday bunkers in response to global uncertainties, including potential conflicts and deteriorating financial conditions.
This is a companion discussion topic for the original entry at https://peakprosperity.com/daily-digest/from-farm-to-facebook-climate-goals-and-billionaire-bunkers/