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BSB113 Economics Research - Essay

   

Added on  2021-05-31

8 Pages1830 Words56 Views
Page 1 of 8BSB113 ECONOMICS SEMESTER 1 2018ASSESSMENT 2: RESEARCH ESSAY

Page 2 of 8Table of contentsIntroduction................................................................................................................................3Overview of the contribution of livestock digestion to greenhouse gas emission.....................3Analysis of the gas emission on the economic equilibrium of the market.................................4Analysis of the policies to reduce the emissions........................................................................5The livestock methane tax on producers................................................................................5Non price policy on producers...............................................................................................5Awareness regarding increased consumption of substitute for meat.....................................5Conclusion..................................................................................................................................6Reference....................................................................................................................................7

Page 3 of 8IntroductionGreenhouse gasses have been a major concern for the environmentalists and the governmentaround the world. Due to the greenhouse effects, the balance of the weather and the climatealso gets disrupted. Although there are few of the advantages of greenhouse effects, itsdisadvantages outweigh the advantages that it has. It is interesting to note that one of themajor sources of greenhouse gas is the wastes and the digestion of the livestock such ascattle, sheep goats and many more. Therefore, it is a great concern for the governments tomanage the livestock in such a way that it balances the gas in the atmosphere of earth. Theaim of this paper is to analyse the contribution of livestock on the production of greenhousegasses. Apart from that, the paper also showcases a discussion regarding the policies that mayallow the administrations to reduce the problems. Overview of the contribution of livestock digestion to greenhouse gas emissionLivestock and their wastes produce a lot of carbon dioxide in the atmosphere creating aproblem for the other lives on earth. As per the data, the wastes from livestock create about 7gigatons of carbon dioxide in the atmosphere of earth. Again the study of UN food andagricultural organization also has stated that the digestion and the wastes of the livestockcontribute to 18% of the production of CO2 in the environment. Gerber et al. (2013)highlighted that the impacts of the livestock on the production of the CO2 in the environmentare almost same for the case of Australia as well. The food and agriculture department ofAustralia in the research of 2015 stated that the wastes of cows and sheep mainly contributeto the greenhouse gasses such as the carbon-di-oxide. The demand for the livestock has been increasing with the increase in the population of theworld and the population of Australia as well. Beavan (2017) pointed out that the increase inthe demand for the livestock has been 13% more than the increase in the populations. Thereare many of the stages which impact on the level of greenhouse in the atmosphere of theearth. While the digestion and the wastes of the livestock contribute the most, the post-slaughter transport, the refrigerator has also been reported to increase the level of greenhousegas in the atmosphere. Coglan (2016) stated that, 36% of all the contribution from the wastesand the digestion of the livestock. This huge amount goes into the creation of the CO2 whichoften goes beyond the capacity of the environment. Apart from that, the 16% of overallcontribution is through the packaging of the slaughtered livestock which also gives rise to theCO2 level in the environment.

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