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https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
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Coffee is quite sensitive to environmental factors and only grows in certain specific regions as a result. Those factors are being upended by climate change. Coffee is going to very rapidly become a luxury product.
Billionaires don't care. Twenty dollars or two dollars for a cup is effectively the same price to them; insignificant. It's the rest of us that get fucked.
How, exactly?
It's my understanding that coffee does best in warm climates. Shouldn't global warming, at the very least, change where we grow coffee as opposed to just removing the areas we can grow it in?
Except we are nowhere near a situation like that. Articles like this don't tell the actual prices because they are so small people might start questioning why they pay so much for coffee.
$3 per pound - $6 per kilo. Or to put it in another way, 4.8 cents per shot of espresso, two of which go in a 16 oz Starbucks latte that costs you $5.75, which would be enough money to buy 120 shots worth of bulk arabica.
If that goes up by 7% or 70% or 700%, the cost of that latte should hardly change.
Logistics cost money
Shucking and processing the beans costs money
Roasting the beans costs money
You're forgetting the most obvious factor: charge the most people are willing to pay.