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September 12, 2020 - Clean Technica

Should Food's Environmental Damage Be Included In Its Purchase Cost?

Should Food's Environmental Damage Be Included In Its Purchase Cost?
Real Food Cost© Photabulous!

What would food cost if its environmental damage were to be factored into its actual retail price? If grocers and manufacturers took into account the environmental impact of meat, milk, cheese, and other foods, they would actually cost much more than is normally required today.

The practical application of that idea was recently exposed on behalf of a German discounter, Penny. A study conducted by the University of Augsburg recalculated costs for a total of 16 own-brand products in the retail chain. In addition to the regular production costs, they also figured the effects of greenhouse gases during production, the consequences of overfertilization, and energy requirements.

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