WEBVTT - How to Feed the World Without Damaging the Planet

0:00:00.160 --> 0:00:04.160
<v Speaker 1>This is Bloomberg Business Week with Carol Messer and Bloomberg

0:00:04.240 --> 0:00:08.640
<v Speaker 1>Quick Takes Tim Stinovic on Bloomberg Radio. Well fires burning

0:00:08.680 --> 0:00:13.040
<v Speaker 1>across Europe and right now in California, catastrophic flooding in Kentucky,

0:00:13.520 --> 0:00:16.680
<v Speaker 1>unprecedented heat wave in the UK. These are just a

0:00:16.720 --> 0:00:20.280
<v Speaker 1>sample of the extreme weather that we've covered here in

0:00:20.320 --> 0:00:24.560
<v Speaker 1>recent weeks. The big picture, though, is our planet is

0:00:24.600 --> 0:00:28.040
<v Speaker 1>at steak. We've got a great voice on this. He

0:00:28.040 --> 0:00:30.080
<v Speaker 1>writes a column each week for The Guardian. He's written

0:00:30.120 --> 0:00:32.920
<v Speaker 1>quite a few books, including Heat, How we Can stop

0:00:32.960 --> 0:00:36.640
<v Speaker 1>the planet from burning, and his newest is ReGenesis, Feeding

0:00:36.640 --> 0:00:41.479
<v Speaker 1>the World without devouring the planet. George Monbio is joining

0:00:41.600 --> 0:00:44.440
<v Speaker 1>us now. He's a columnist at The Guardian, joining us

0:00:44.520 --> 0:00:47.280
<v Speaker 1>via zoom this afternoon. George, it's really good to have

0:00:47.360 --> 0:00:50.320
<v Speaker 1>you with us. How are you, thanks Tim, yet doing

0:00:50.360 --> 0:00:52.960
<v Speaker 1>all right despite the stage of the planet. Yeah, Well,

0:00:52.960 --> 0:00:54.480
<v Speaker 1>that's what I want to talk to you about, because

0:00:54.680 --> 0:00:58.880
<v Speaker 1>this new book that you wrote is all about environmental

0:00:58.880 --> 0:01:01.000
<v Speaker 1>destruction that we don't necessar really talk about a lot.

0:01:01.000 --> 0:01:03.760
<v Speaker 1>It's not about the fossil fuels that you know, go

0:01:03.880 --> 0:01:07.320
<v Speaker 1>into the atmosphere as a result of us commuting. It's

0:01:07.400 --> 0:01:11.440
<v Speaker 1>it's not about poisoning rivers, you know, with with chemicals

0:01:11.440 --> 0:01:15.880
<v Speaker 1>as a result of manufacturing. It's about how we survive,

0:01:15.959 --> 0:01:19.360
<v Speaker 1>how we eat. Talk to us about that. Yes, so

0:01:19.840 --> 0:01:22.120
<v Speaker 1>the food industry, we don't really want to go there.

0:01:22.200 --> 0:01:25.360
<v Speaker 1>You know. We much prefer to criticize fossil fuels. But actually,

0:01:26.200 --> 0:01:28.959
<v Speaker 1>I'm sorry to say that the most destructive industry on

0:01:29.000 --> 0:01:32.880
<v Speaker 1>Earth is farming. It's the biggest cause of habitat destruction,

0:01:32.920 --> 0:01:37.200
<v Speaker 1>the biggest cause of species loss, of extinction of land,

0:01:37.319 --> 0:01:42.399
<v Speaker 1>use of water, use of soil, erosion of one of

0:01:42.400 --> 0:01:45.200
<v Speaker 1>the biggest causes of water pollution, of air pollution, and

0:01:45.280 --> 0:01:49.000
<v Speaker 1>one of the biggest causes of climate breakdown. Now, obviously

0:01:49.160 --> 0:01:51.360
<v Speaker 1>we need farming and we need to eat, but we

0:01:51.440 --> 0:01:56.720
<v Speaker 1>need a long, hard and realistic conversation about the devastating

0:01:56.720 --> 0:02:00.800
<v Speaker 1>effects that the way we farm is having on the

0:02:00.880 --> 0:02:04.440
<v Speaker 1>living planet on which we also depend. Well, I guess

0:02:04.480 --> 0:02:06.880
<v Speaker 1>this is where I'm curious about the government here, because

0:02:06.880 --> 0:02:09.040
<v Speaker 1>in the United States, I believe most of farming is

0:02:09.080 --> 0:02:12.680
<v Speaker 1>subsidized by the US government. So where what is their

0:02:12.800 --> 0:02:17.720
<v Speaker 1>role in all of this? Thanks? Pretty well, worldwide government

0:02:17.800 --> 0:02:23.520
<v Speaker 1>suspending half a trillion dollars on farm subsidies five hundred

0:02:23.639 --> 0:02:29.160
<v Speaker 1>billion dollars, and almost all those subsidies are destructive environmentally,

0:02:29.240 --> 0:02:35.280
<v Speaker 1>that they are subsidizing damaging practices. Now we could radically

0:02:35.320 --> 0:02:39.600
<v Speaker 1>repurpose those subsidies and pay farmers to be protecting the

0:02:39.680 --> 0:02:42.679
<v Speaker 1>planet and in some places to stop farming, because there's

0:02:42.720 --> 0:02:45.600
<v Speaker 1>certain kinds of farming, and I'm afraid the kinds of

0:02:45.639 --> 0:02:49.720
<v Speaker 1>farming which has a lot of myths and warmth towards

0:02:49.800 --> 0:02:54.080
<v Speaker 1>which has extensive livestock farming ranching in other words, which

0:02:54.080 --> 0:02:58.079
<v Speaker 1>are peculiarly damaging. I mean, they exert a far greater

0:02:58.200 --> 0:03:01.960
<v Speaker 1>impact than the amount of food they produce warrant. And

0:03:02.040 --> 0:03:05.399
<v Speaker 1>so to be paying farmers to getting to get out

0:03:05.440 --> 0:03:09.280
<v Speaker 1>of that farming all together and to restore the land instead,

0:03:09.720 --> 0:03:14.720
<v Speaker 1>that would make a really massive contribution towards protecting our

0:03:14.800 --> 0:03:18.240
<v Speaker 1>life support systems. George, let's continue with solutions here, And

0:03:18.240 --> 0:03:19.880
<v Speaker 1>I want to talk about this on a governmental level,

0:03:19.880 --> 0:03:21.919
<v Speaker 1>but also want a personal level. And I always want

0:03:21.919 --> 0:03:23.359
<v Speaker 1>to know when I talk to people like you, who

0:03:23.360 --> 0:03:25.720
<v Speaker 1>put so much work into writing a book like this,

0:03:25.800 --> 0:03:27.359
<v Speaker 1>and all the work that you've done over your career,

0:03:28.000 --> 0:03:31.480
<v Speaker 1>personal steps that we can take when we're in the supermarket,

0:03:31.880 --> 0:03:34.800
<v Speaker 1>when we're buying food, what should we be doing at

0:03:34.800 --> 0:03:37.600
<v Speaker 1>the personal level. Well, the first thing to say is

0:03:37.600 --> 0:03:39.840
<v Speaker 1>that we're much more effective as citizens than we are

0:03:39.880 --> 0:03:42.240
<v Speaker 1>as consumers. And a lot of the changes which need

0:03:42.280 --> 0:03:45.280
<v Speaker 1>to take place are political, but we also do have

0:03:45.360 --> 0:03:48.400
<v Speaker 1>power in our choices, and one of those when it

0:03:48.400 --> 0:03:51.120
<v Speaker 1>comes to food. The biggest change we can make of

0:03:51.160 --> 0:03:54.600
<v Speaker 1>all is to switch away from eating meat and milk

0:03:54.680 --> 0:03:58.200
<v Speaker 1>and eggs animal products towards the plant based diet. And

0:03:58.240 --> 0:04:00.840
<v Speaker 1>I know that's doesn't play very well in the United States,

0:04:00.880 --> 0:04:03.600
<v Speaker 1>but I'm not in the business of telling people what

0:04:03.640 --> 0:04:06.440
<v Speaker 1>they want to hear. I'm in the business of retailing.

0:04:06.840 --> 0:04:11.720
<v Speaker 1>Just so I understand it. Completely eradicate meat. That would

0:04:11.760 --> 0:04:14.760
<v Speaker 1>be the best thing you can possibly do for the

0:04:14.800 --> 0:04:18.600
<v Speaker 1>living world. It's a big ask for everybody. I mean,

0:04:18.600 --> 0:04:20.880
<v Speaker 1>there are a lot of people who don't wrong I'm

0:04:20.880 --> 0:04:24.040
<v Speaker 1>a vegetarian, but for a lot of exactly yeah, um, well,

0:04:24.080 --> 0:04:27.599
<v Speaker 1>let's let's start there. Then. How much of a case

0:04:27.680 --> 0:04:30.120
<v Speaker 1>do you think you'd have to make for for people

0:04:30.160 --> 0:04:33.280
<v Speaker 1>to get on board to actually care about the the

0:04:33.360 --> 0:04:35.840
<v Speaker 1>destruction that the environmental destruction at a time, By the way,

0:04:35.839 --> 0:04:38.200
<v Speaker 1>when food scarcity is a major issue in food prices.

0:04:38.600 --> 0:04:41.400
<v Speaker 1>I think it record has it is, And one of

0:04:41.440 --> 0:04:44.360
<v Speaker 1>the reasons for that is that a great deal of

0:04:44.440 --> 0:04:47.240
<v Speaker 1>the food that we produce goes to feeding animals rather

0:04:47.320 --> 0:04:50.360
<v Speaker 1>than feeding humans. And that's actually a really inefficient way

0:04:50.760 --> 0:04:53.160
<v Speaker 1>of feeding us, because a lot of that food value

0:04:53.200 --> 0:04:56.440
<v Speaker 1>is lost when it passes through the animals. So that

0:04:56.600 --> 0:05:00.200
<v Speaker 1>is actually another very powerful reason to be moved being

0:05:00.240 --> 0:05:02.920
<v Speaker 1>towards a plant based diet. You know, we we can't

0:05:03.360 --> 0:05:06.440
<v Speaker 1>afford it either as human beings off as far as

0:05:06.440 --> 0:05:09.000
<v Speaker 1>the rest of the living world is concerned. We can't

0:05:09.040 --> 0:05:13.680
<v Speaker 1>afforward to keep eating these animal heavy diets. And now

0:05:13.800 --> 0:05:17.640
<v Speaker 1>actually we have some very good substitutes coming forward, not

0:05:17.839 --> 0:05:21.839
<v Speaker 1>least in the shape of this precision fermentation. It's basically

0:05:21.839 --> 0:05:25.640
<v Speaker 1>an enhanced form of brewing, and it produces protein rich

0:05:25.680 --> 0:05:29.400
<v Speaker 1>and fat rich foods. It will soon be very cheaply

0:05:29.520 --> 0:05:31.760
<v Speaker 1>and there'll be much better than a lot of the

0:05:31.800 --> 0:05:34.320
<v Speaker 1>plant based substitutes that we're seeing at the moment. So

0:05:34.360 --> 0:05:37.800
<v Speaker 1>I think we're on the verge of a big food

0:05:37.880 --> 0:05:41.280
<v Speaker 1>revolution which will help people make the right choices. Well,

0:05:41.320 --> 0:05:42.680
<v Speaker 1>some people, I think would argue that part of that

0:05:42.680 --> 0:05:45.800
<v Speaker 1>food revolution includes different agricultural methods, and I'm wondering where

0:05:45.800 --> 0:05:48.480
<v Speaker 1>you fall on vertical farming because it's really hot right

0:05:48.560 --> 0:05:50.280
<v Speaker 1>now here in the US. But there's been a lot

0:05:50.320 --> 0:05:52.479
<v Speaker 1>of pushback on the environmental impact of it. So in

0:05:52.480 --> 0:05:54.120
<v Speaker 1>the last minute and a half that we have with you,

0:05:54.720 --> 0:05:56.919
<v Speaker 1>talk to us about that. Well, I've seen a lot

0:05:57.000 --> 0:05:59.320
<v Speaker 1>of investors lose their shirts and and I think they'll

0:05:59.320 --> 0:06:02.040
<v Speaker 1>continue to do so. And this isn't an environmental argument,

0:06:02.080 --> 0:06:04.520
<v Speaker 1>this is a business argument. They they're going head to

0:06:04.560 --> 0:06:09.760
<v Speaker 1>head with horizontal farming, which doesn't require those big infrastructure costs,

0:06:09.800 --> 0:06:14.800
<v Speaker 1>those load bearing structures which are required, and also of

0:06:14.800 --> 0:06:18.719
<v Speaker 1>course doesn't require the artificial light which is needed in

0:06:18.839 --> 0:06:23.080
<v Speaker 1>vertical farming because horizontal farmers get their sunlight for free.

0:06:23.160 --> 0:06:26.359
<v Speaker 1>So I just don't think it's economically viable and I

0:06:26.400 --> 0:06:30.200
<v Speaker 1>think the entrepreneurs investing in it will continue to see

0:06:30.200 --> 0:06:33.599
<v Speaker 1>their businesses fold. George, in the last forty sconds we

0:06:33.640 --> 0:06:36.320
<v Speaker 1>have with you leave us with one thing, apart from

0:06:36.760 --> 0:06:40.600
<v Speaker 1>not eating meat, that kind of gives you hope for

0:06:41.400 --> 0:06:45.520
<v Speaker 1>the switch towards perennial grain crops, grain crops where the

0:06:45.560 --> 0:06:47.960
<v Speaker 1>plants last from one year to another and you can

0:06:48.040 --> 0:06:52.280
<v Speaker 1>keep harvesting. These are being pioneered by the Land Institute

0:06:52.279 --> 0:06:55.880
<v Speaker 1>in Selena, Kansas, and it's really inspiring to see what

0:06:55.920 --> 0:06:59.040
<v Speaker 1>they're doing because this causes far less damage, and those

0:06:59.080 --> 0:07:03.560
<v Speaker 1>crops are which more resilient to climate shocks and other

0:07:03.760 --> 0:07:07.800
<v Speaker 1>environmental disasters too. They could be one of the formulas

0:07:08.160 --> 0:07:13.080
<v Speaker 1>for for helping us survive the terrible impacts that we're

0:07:13.080 --> 0:07:15.960
<v Speaker 1>seeing at the beginning of this century. George, you've given

0:07:16.000 --> 0:07:17.920
<v Speaker 1>us a lot to think about. We really appreciate it.

0:07:18.440 --> 0:07:21.040
<v Speaker 1>You're staying up late in Oxford, England and taking the

0:07:21.080 --> 0:07:23.640
<v Speaker 1>time to join us on Bloomberg Business Week. George Monbiau,

0:07:23.720 --> 0:07:27.200
<v Speaker 1>the author of ReGenesis Feeding the world without devouring the planet,

0:07:27.440 --> 0:07:29.040
<v Speaker 1>that is going to do it for this edition of

0:07:29.080 --> 0:07:32.080
<v Speaker 1>Bloomberg Business Week. This is Bloomberg Radio.