Taxes on Meat Could Join Carbon and Sugar to Help Limit Emissions

Taxes on Meat Could Join Carbon and Sugar to Help Limit Emissions

Emily Chasan

Bloomberg News

Editor’s note: Stories of this ilk are included in the blog to inform those in our industry how agriculture is being presented to and perceived by the public.

Move over, taxes on carbon and sugar: the global levy that may be next is meat. Some investors are betting governments around the world will find a way to start taxing meat production as they aim to improve public health and hit emissions targets set in the Paris Climate Agreement. Socially focused investors are starting to push companies to diversify into plant protein, or even suggest livestock producers use a “shadow price” of meat — similar to an internal carbon price — to estimate future costs.

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