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Review on impact of carbon pricing on sustainable practices in food processing and distribution.

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Title: Review on impact of carbon pricing on sustainable practices in food processing and distribution.
Authors: Chhetri, Krishna Bahadur1 (AUTHOR) krishnachhetri25@gmail.com, Vidhya, D.2 (AUTHOR), Machanuru, Raviteja3 (AUTHOR)
Source: Trends in Food Science & Technology. Aug2024, Vol. 150, pN.PAG-N.PAG. 1p.
Subjects: Sustainability, Carbon pricing, Food industry, Consumer behavior, Emissions trading, Carbon taxes
Abstract: Sustainability in food supply chains (FSCs) is crucial due to its impact on environmental, economic, and social dimensions. This review analyses closely the complex interaction between carbon price and sustainability in the entire food supply chain. It gives a thorough assessment of the intricate linkages between carbon pricing mechanisms and ethical business practices in the food sector. Through interesting case studies on carbon emission reduction, the first portion investigates regional implementations of carbon pricing mechanisms, such as carbon taxes and cap-and-trade systems. It also discusses ecologically friendly ways of food production, processing, packaging and transportation, illustrating how carbon prices have a considerable impact on plans for emission reduction and drive innovation. This study also analyses the social and economic consequences of carbon pricing on the food sector by assessing consumer behavior, job creation possibilities, and economic restrictions. Concerns about equality and social justice brought up by carbon pricing measures are also addressed. In addition, this provides a full review of extant policies, their efficacy, highlights the vital function of carbon price, advocates group activities and proposals for enhancing sustainability in the business. It also focuses on key challenges, recent technical advancements, and prospective directions in both research and policy. • Carbon-pricing plays a crucial role to ensure sustainability in food supply chain. • Effective carbon pricing incentivizes companies to adopt sustainable practices. • Government initiatives promote sustainability and reducing carbon emissions. • Efficiency of current policies and regulations related to carbon pricing were discussed. • Policy recommendations to address sustainability challenges in the food sector were covered. [ABSTRACT FROM AUTHOR]
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Database: Engineering Source
Description
Abstract:Sustainability in food supply chains (FSCs) is crucial due to its impact on environmental, economic, and social dimensions. This review analyses closely the complex interaction between carbon price and sustainability in the entire food supply chain. It gives a thorough assessment of the intricate linkages between carbon pricing mechanisms and ethical business practices in the food sector. Through interesting case studies on carbon emission reduction, the first portion investigates regional implementations of carbon pricing mechanisms, such as carbon taxes and cap-and-trade systems. It also discusses ecologically friendly ways of food production, processing, packaging and transportation, illustrating how carbon prices have a considerable impact on plans for emission reduction and drive innovation. This study also analyses the social and economic consequences of carbon pricing on the food sector by assessing consumer behavior, job creation possibilities, and economic restrictions. Concerns about equality and social justice brought up by carbon pricing measures are also addressed. In addition, this provides a full review of extant policies, their efficacy, highlights the vital function of carbon price, advocates group activities and proposals for enhancing sustainability in the business. It also focuses on key challenges, recent technical advancements, and prospective directions in both research and policy. • Carbon-pricing plays a crucial role to ensure sustainability in food supply chain. • Effective carbon pricing incentivizes companies to adopt sustainable practices. • Government initiatives promote sustainability and reducing carbon emissions. • Efficiency of current policies and regulations related to carbon pricing were discussed. • Policy recommendations to address sustainability challenges in the food sector were covered. [ABSTRACT FROM AUTHOR]
ISSN:09242244
DOI:10.1016/j.tifs.2024.104576