Meat tax ‘inevitable’ to beat climate and health crises, says report

'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

"Sin taxes" on meat to reduce its huge impact on climate change and human health look inevitable, according to analysts for investors managing more than $4tn of assets.

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.