It’s always something with these people. It’s always a new tax or fee or something that limits personal choice and freedom. Funny how that works out, eh?
(UK Guardian) ‘Sin taxes’ to reverse the rapid global growth in meat eating are likely in five to 10 years, according to a report for investors managing over $4tn.
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 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 cut its recommended maximum meat consumption by 45% in 2016.
“If policymakers are to cover the true cost of human epidemics like obesity, diabetes and cancer, and livestock epidemics like avian flu, while also tackling the twin challenges of climate change and antibiotic resistance, then a shift from subsidisation to taxation of the meat industry looks inevitable,†said Jeremy Coller, found of Fairr and chief investment officer at private equity firm Coller Capital. “Far-sighted investors should plan ahead for this day.â€
I searched for a Gordon Ramsey gif where he’s saying “oh fuck off”, more apropos, but, no luck.
We should probably tax the elephant tusks that Dimmacrats claim Trump is allowing to be imported into the US.
Maybe we could tax whiny b!tches that take issue with other people’s business just to virtue signal to their whiny “friends”?
“Send money and we’ll stop bad weather from happening!â€
Pigovian taxes are used to capture the cost of negative externalities associated with market transactions. For example, cigarettes cause cancers, emphysema, low birth weight, etc and are taxed to 1) deter their use and 2) pay society for some of the damaging health effects.
In the case of red meat, production contributes to global warming and consumption contributes to cardiovascular disease, some cancers and mortality.