From financier Jeremy Grantham’s impassioned, new Nature article about the scary potential of climate change, which is rushing at us like Yeats’ sun, blank and pitiless:

“Then there is the impending shortage of two fertilizers: phosphorus (phosphate) and potassium (potash). These two elements cannot be made, cannot be substituted, are necessary to grow all life forms, and are mined and depleted. It’s a scary set of statements. Former Soviet states and Canada have more than 70% of the potash. Morocco has 85% of all high-grade phosphates. It is the most important quasi-monopoly in economic history.

What happens when these fertilizers run out is a question I can’t get satisfactorily answered and, believe me, I have tried. There seems to be only one conclusion: their use must be drastically reduced in the next 20–40 years or we will begin to starve.

The world’s blind spot when it comes to the fertilizer problem is seen also in the shocking lack of awareness on the part of governments and the public of the increasing damage to agriculture by climate change; for example, runs of extreme weather that have slashed grain harvests in the past few years. Recognition of the facts is delayed by the frankly brilliant propaganda and obfuscation delivered by energy interests that virtually own the US Congress. (It is not unlike the part played by the financial industry when investment bubbles start to form … but that, at least, is only money.) We need oil producers to leave 80% of proven reserves untapped to achieve a stable climate. As a former oil analyst, I can easily calculate oil companies’ enthusiasm to leave 80% of their value in the ground — absolutely nil.

The damaging effects of climate change are accelerating.” (Thanks Browser.)