This report from the John Hopkins Centre for a Livable Future reviews the most prominent publications on True Cost Accounting, i.e. assessment of the externalities caused by an industry. It looks at how various True Cost Accounting frameworks can be applied to the food system.
The UK’s Sustainable Food Trust discusses the report here.
Read the full report, “True” costs for food system reform: an overview of true cost accounting literature and initiatives, here or here (PDF link). See also the Foodsource building block What is feed-food competition?, which discusses the economic concepts of negative and positive externalities.
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