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How would an increased consumption of substitutes for meat that are not derived from livestock affect...

How would an increased consumption of substitutes for meat that are not derived from livestock affect the sector’s greenhouse gas emissions and push the livestock market towards a more efficient equilibrium?

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Answer #1

An increased consumption of substitutes for meat that are not derived from livestock will reduce the green house emissions into the atmosphere and move the economy towards a more efficient equilibrium. This is because livestock replacement with substitutes will reduce emission of green house gases as farming livestock contributes around 6 billion tonnes of green house gases to the atmosphere each year.Any development of substitutes will reduce this generation of harmful gases into the atmosphere and thus move the economy towards a more efficient equilibrium.

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