LOL. Leslie misses the funny stuff.
Well, maybe not so funny in this case because Danish farmers face a carbon tax because of their farting cows, sheep, and pigs.
The idiotic move will likely affect the food supply:
The aim is to reduce Danish greenhouse gas emissions by 70% from 1990 levels by 2030, said Taxation Minister Jeppe Bruus.As of 2030, Danish livestock farmers will be taxed 300 kroner ($43) per ton of carbon dioxide equivalent in 2030. The tax will increase to 750 kroner ($108) by 2035. However, because of an income tax deduction of 60%, the actual cost per ton will start at 120 kroner ($17.3) and increase to 300 kroner by 2035.Although carbon dioxide typically gets more attention for its role in climate change, methane traps about 87 times more heat on a 20-year timescale, according to the U.S. National Oceanic and Atmospheric Administration.
Parliament still needs to approve the tax.
The tax could cost farmers up to $100 per cow.
You know who will help pay the tax, right? The consumer.
However, higher prices don’t usually lead to less consumption. Those who would cut down on meat would be low-income consumers:
Food consumption is not as strongly linked to price as one might think. Changes in consumption of food are typically much smaller than changes in the price consumers face in the grocery store. This is a phenomenon that has been recognized and measured for decades.We would need to implement huge taxes to achieve a small decrease in consumption. As an example, the study in the Nature Climate Change journal suggests a 40-per-cent tax on beef would reduce beef consumption by only 15 per cent.Because taxes on food at the retail level tend to raise the prices paid by consumers, it’s also worth noting that any increase in the price of meat would tend to affect low-income consumers more than more affluent consumers. Low-income consumers would pay relatively more than the rich.
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