1 year ago

In April 2021 the president of Sri Lanka banned “the importation and use of synthetic fertilizers and pesticides and order[ed] the country’s 2 million farmers to go organic”.
This gave the Country an ESG score of 98.

In 1 year, Sri Lanka has gone from a self-sufficient country in rice production to a country forced to import $450 million dollars of rice.

As the article linked below states, food security depends on energy.

https://bit.ly/3dMtvFr
It seems to me ESG has crippled the Oil & Gas industry from growing and adding incremental oil and gas production so vitally needed for shelter and food.

The earth is a harsh planet. Oil and gas help humans tame it.
If you want to learn how to protect yourself and the ones you love during this energy crisis, feel free to give us a call. Just visit our website for the contact information.

#recession #inflation #stagflation #hyperinflation #energy

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