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?
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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