Podcast: Food and drink levies - public health and climate solution, or 'stealth tax'?
What are the factors behind the rise in soda taxes, and are meat levies next?
The topic of taxing certain food and drink products to change consumer behaviour has become one of the most hotly-contested debates in public health policy around the globe
Advocates claim taxes result in decreased consumption of certain unhealthy foods and improve public health among other things, in the same way as we have seen with tobacco.
Opponents, meanwhile, say such levies restrict consumer choice, unnecessarily raise prices for basic grocery products and are simply being utilised as a so-called ‘stealth tax’ and a new way to line state coffers.
In this episode of the Down to Agribusiness podcast, four experts from across Agribusiness Intelligence discuss the rise of soda taxes in the US and elsewhere in the world, and also the results of recent studies recommending levies for red and processed meat in order to tackle climate change and health issues.
What have been the market impacts so far and what could happen to the food and beverage sector if these taxes become more widespread?
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