Agriculture has assets it can use to deliver a net zero future #agribiz21 - but the sector needs to be careful it does not sell off its assets to other sectors before it delivers on its own commitments
Oliver McIntyre of @BarclaysUK provides #agribiz21 delegates with current state of UK agricultural finances.
🗣️There is plenty of capacity to invest, however businesses are holding back from this, owing to the current policy environment.
A common theme of the day.
At #agribiz21@Dieter_Helm explains that in order to understand your net zero claims, you have to account for all the supply chain, including inputs. Especially relevant for agriculture.
Businesses cannot operate in isolation of what happens in wider supply chain.
Luke Pollard makes good point on timing of agriculture transition - front load support to initiate momentum - an Ag version of shock & awe tactic #agribiz21
Q at #agribiz21 rightly focuses on the role of the food service sector in showing provenance and labeling. Retailers have great pressure to provide statutory information that many food service sectors dont.
@LukePollard floats idea of a carbon border tax on food to address this
Carbon adjustment tax on our food imports is a debate that needs to be had #agribiz21 unintended consequences are always in the wings, but freedom to invest and drive sustainable competitive production has to underpin long term policy
@LukePollard of @UKLabour and @LabourDefra concludes his talk to #agribiz21 . Agriculture is about people. Whether it is consumers, farmers or ag businesses, people at the heart of this
Westminster has not had as detailed a discussion on food before. Have to make it count now 👏
Some really interesting points from @LukePollard at #agribiz21
- The need for Labour to build more trust in rural constituencies
- How Govt and Opposition can work constructively
- Food is political. Eating it, growing it, processing it. It needs everyone to take an interest
@LukePollard at @AgindustriesUK#Agribiz21 conference on supporting British producers. Increase the amount of British food purchased in the UK...starting with the Government. Why did they only switch to British bacon for 2 weeks during Buy British week?! Unbelievable!
@LukePollard of @labourdefra and @UKLabour says one big solution is Government itself. It is a major buyer of food and can influence buying standards via procurement massively. #agribiz21