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The producers don't really care about the split, they just care that (sales of fertiliser+sales of CO2) > cost.
I guess in economic terms, demand for fertiliser is more elastic than demand for CO2 (which is needed for nuclear reactors etc) so as the price goes up, demand for fertiliser decreases more than demand for CO2. So when selling prices have to go up because costs are high, there is more scope to increase CO2 prices than fertiliser prices.
I guess in economic terms, demand for fertiliser is more elastic than demand for CO2 (which is needed for nuclear reactors etc) so as the price goes up, demand for fertiliser decreases more than demand for CO2. So when selling prices have to go up because costs are high, there is more scope to increase CO2 prices than fertiliser prices.