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Unironically yes? Taxing emissions makes it expensive to emit and will cause companies to reduce them
No, it’ll just end up raising the cost of milk and beef. The cows are still gonna fart and burp at the same rate, they don’t give a fuck about taxes.
You know dairy/beef cows don’t exist regardless of farms, right? They’re bred for the industry. Tax means higher price, higher price means lower demand, lower demand means they won’t be breeding as many cows.
I did some math on it, and all the farmers have to do is increase the price of a gallon of milk by €0.10, and they’ll not only be able to cover the tax, they’ll actually profit around €228.50 per year.
Nobody is gonna care about a measly €0.10 price increase, they’ll just chalk that up to general inflation. While both the government and the farmers end up profiting.
Here’s a link to my math breakdown comment…
Raising the cost will reduce demand, and prompt producers to either reduce supply to avoid overproduction or find a way to keep costs down.
In first case, there will be less cow farts, and less meat and milk on the tables of poor people. There will be public health consequences, but emissions will be reduced.
In the second case, the government will get more taxes, emissions will be the same, and there will be possible public health issues due to lower meat/milk quality resulted from cost cuts.
In both cases, big manufacturers will likely keep their profits, small farmers will be impacted more and may go out of business, and public health will be at risk.
Where am I wrong? I have no economic expertise and no data, and the government should have both, at least in theory.
I did some math and logistics on the subject. Rather than repost it again, I posted it as a top level comment in this thread.
And raising the price on a good does what to the demand…?
C’mon, think back to your high-school economics class. I’m sure you can get the answer.
People pay ridiculous prices for name brand products that they don’t even need. $800 for a phone, no problem. $2500 for a TV, no problem.
If the little brats want some milk for their cereal, well mom is gonna just go out and buy a gallon of milk, even if it costs $20, just to shut the kids up.
Might as well throw common sense economics out the window when everyone and their cousin thinks they need that fancy 62 inch curved screen 8K television, PlayStation 5, the latest MacBook and iPhone, etc.
People piss money away on useless shit, you think the cost of a gallon of milk or a steak is gonna make a huge impact. Yeah sure, it’ll make a little impact, but I don’t think it’ll be as drastic of an impact as you’re thinking.
Lol. They don’t teach actual economics in high school. That is a huge problem.
That’s also a good thing - eating less milk and beef is also good for the environment. Less demand means fewer cows, means fewer cow farts…
Cows don’t just magically disappear when there’s less demand. They need to regulate the farmers cattle breeding rate, and place hefty fines on them for exceeding that rate.
A measly €100 per cow per year ain’t gonna do all that much, they can pay that off with just a few days worth of milk from the cow.
And then still turn around and jack the price of milk up beyond the rate of their losses, and the farmers might likely end up profiting even more, despite the tax.