Latest Agricultural subsidy Stories
Agricultural subsidies are responsible for making those processed and energy-dense foods that contribute to the American epidemic of obesity the most affordable options for consumers.
An alternate solution for managing fossil fuel emissions and climate change was released this week by Bard Harstad of Northwestern University’s Kellogg School of Management. The study, titled “Buy Coal, A Case for Supply-Side Environmental Policy,” proposes that known but unexploited fossil fuel deposits can be bought by climate coalition (first-world) countries and kept out of the market.
The European Union's mammoth farm subsidy program has become sprawling and unfocused, agricultural economists said. The $71 billion program that now subsidizes rural development and exports, also includes funding for landowners, meaning the wealthiest Europeans receive bigger subsidy checks than small farmers, The New York Times reported Friday. A small farmer might receive a $600 subsidy, while the Queen of England last year qualified for $778,812 in subsidies to offset costs of running a...
European governments compromised on new farm subsidy rules but a British official said the changes didn't go far enough. I regret what has been conceded in order to secure a deal which will lead to some new distortions in the short term, British Environment Secretary Hilary Benn said, the International Herald Tribune reported Friday. Critics said the compromise would only slightly shift the older subsidy set up that costs $53.9 billion a year, 40 percent of the European Union's $125 billion...
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