CBAMing Meat The EU is scheduled to soon publish a revised animal welfare directive that could impact suppliers in other countries. Much the way Brussels fussing over phone charging cords forced a USB-C standard globally, the impending animal welfare standards may have less to do with science than human whim. This is because much of the pressure for new standards is coming from layman claiming a moral imperative. Green Member of Parliament Tilly Metz is even suggesting that there be a Minister for Animal Welfare to ensure it receives priority.  Meanwhile, Europe’s livestock producers are demanding fair competition, meaning imported meat must be raised in the same manner. This means a border measure such as the Carbon Board Adju...

TAGS – Europe, Macroeconomics