Germany is still caught up in the demands of the climate change lobby to reduce its carbon footprint drastically in the coming years. One part of this initiative, similar to calls we’ve seen from activists in the United States, was a mandate to reduce all livestock on German farms by 50%. Farmers have been protesting the decision in the same way they recently did in the Netherlands this summer, but the initiative is moving forward beginning this year. Now, to the great surprise of nobody who has been paying attention, the German Meat Industry Association has reported that the country will be facing a severe meat shortage by the time spring arrives and consumers should expect prices to skyrocket, potentially doubling in some cases. It would appear that some people in the German government have never heard of something called the law of supply and demand. But at least they’re going to defeat global warming, right? (Financial Trends)Read More
Germany cutting back meat production to fight global warming
