Today’s Solutions: May 05, 2024

Taxes drive behavior. Cigarettes and alcohol are taxed to discourage their consumption. The Danish Council of Ethics, which reports to the Danish parliament, is recommending that Denmark introduces a beef tax to fight global warming. Globally, food production accounts for up to 29 percent of greenhouse emissions. Cattle are responsible for a huge 10 percent. According to the council, taxing beef could reduce emissions from food by 20 to 35 percent.

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