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posted by janrinok on Monday December 11 2017, @10:06PM   Printer-friendly
from the my-cold,-dead-animal dept.

Like tobacco, carbon emissions and sugar, we can expect the harm to human health and the environment caused by the production and consumption of meat to be mitigated by 'sin taxes'in the next five to ten years.

"Sin taxes" on meat to reduce its huge impact on climate change and human health look inevitable, according to analysts for investors managing more than $4tn of assets.

The global livestock industry causes 15% of all global greenhouse gas emissions and meat consumption is rising around the world, but dangerous climate change cannot be avoided unless this is radically curbed. Furthermore, many people already eat far too much meat, seriously damaging their health and incurring huge costs. Livestock also drive other problems, such as water pollution and antibiotic resistance.

A new analysis from the investor network Farm Animal Investment Risk and Return (Fairr) Initiative argues that meat is therefore now following the same path as tobacco, carbon emissions and sugar towards a sin tax, a levy on harmful products to cut consumption. Meat taxes have already been discussed in parliaments in Germany, Denmark and Sweden, the analysis points out, and China's government has cut its recommended maximum meat consumption by 45% in 2016.

Would you pay a "meat tax" or would you change your eating habits?


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  • (Score: 5, Interesting) by caffeine on Monday December 11 2017, @10:40PM

    by caffeine (249) on Monday December 11 2017, @10:40PM (#608500)

    What is the bet that the Farm Animal Investment Risk and Return (Fairr) plans to made a tidy profit from taxing guilt.

    I think the finance sector is having a negative impact on society. We should set up an investor network to promote a tax on the finance sector.

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