Re:Lab-grown meat may never be cost-competitive enough to di...
by abduhl on Thursday September 23, 2021 @01:02AM
(#28625352)
A google search for Metonomics returns only results with this exact same quote. What is the source for this, what is meant by subsidizing an industry versus “fruits and vegetables” (ie, Is subsidized grain part of the meat industry? Why would we compare an industry to two specific categories of food?), and what does recent mean?
Re:Lab-grown meat may never be cost-competitive enough to di...
by tablespoon on Thursday September 23, 2021 @12:55AM
(#28625324)
> the American government spends $38 billion each year to subsidize the meat and dairy industries
What does that work out to per pound of meat output?
Re:Lab-grown meat may never be cost-competitive enough to di...
by saalweachter on Thursday September 23, 2021 @10:59AM
(#28630119)
US meat production is about 100 billion pounds / year, half meat and half poultry. So removing subsidies alone would raise costs by about $0.38/lb, but it may be as much as twice that if subsidies fall primarily on one subsector.
The externalities -- both environmental and the poor labor conditions tolerated in the meat processing industry -- are probably a bigger "subsidy" than the budgetary ones.
> According to recent data from Metonomics, the American government spends $38 billion each year to subsidize the meat and dairy industries, but only 0.04 percent of that (i.e., $17 million) each year to subsidize fruits and vegetables.