This is completely misinformed, there are tons of vertical Hydroponic and aquaponic farms already in production that are thriving at much lower resource costs. Solar panels powering LED's and gravity flow water make a massive difference. For example:
One is being built minutes from my house https://verticalharvestfarms.com/locations/westbrook-maine/
Also The Netherlands are leading the world at this type of farming, here is a short video about it https://www.youtube.com/watch?v=5clOYWsNhhk