raising pigs just in the nick of time. If the University of Oxford and the International Food Policy Research Institute in Washington DC has its way, the price of meat and dairy products will skyrocket in the not too distant future.
A study, conducted by a team of researchers from the Oxford Martin Programme on the Future of Food reportedly show that about one billion tonnes of greenhouse gas emissions could be avoided in the year 2020 if emissions pricing of foods were to be implemented. In other words, a tax on food from animal products, which the group says produce high emissions of greenhouse gasses.
The group maintains that a high emissions tax will drastically reduce the consumption of meat and dairy products which they believe will, in turn, help fight global climate change and make us all healthier to boot.
Just how they could possibly issue a world wide tax remains to be seen.
I seems unlikely to me that the people in the U.S. will stand for a 40% increase in the price of beef. While its difficult to know how Hillary Clinton would have reacted to pressure from climate change activists had she been elected, we can be sure that President Trump will not go along with this emissions tax.
It's unlikely that Philippine President Duterte would agree to tax the Filipino people's food. Even if he did (which is unlikely) there would be a thriving black market on pork and chicken in the country.
Fortunately, with my own supply of meat, I won't have to worry about such foolishness.