Cows on a dairy farm in Oldetrijne, the Netherlands. Cows are the highest-emitting livestock, so companies producing beef and dairy are more exposed to carbon taxes. Reuters
Cows on a dairy farm in Oldetrijne, the Netherlands. Cows are the highest-emitting livestock, so companies producing beef and dairy are more exposed to carbon taxes. Reuters

Business

Meat and dairy companies' profit could drop by $24bn in 2030 due to climate change

The forecast reduction in profits mainly reflects a jump in feed prices and carbon taxes

Bloomberg

March 30, 2023