Taxing Food Emissions Can Benefit Health and Environment with Minimal Leakage

This seminar examines how greenhouse gas taxes on food consumption could affect global emissions and health outcomes. We explore different tax design choices - including varying carbon price levels, the extent of international coordination, and using tax revenues to subsidize fruits and vegetables. Our findings reveal some trade-offs between maximizing emission reductions and protecting health outcomes, while showing that carbon leakage risks remain low. The results suggest that ambitious GHG taxation can improve both climate and health outcomes, when preserving purchasing power.