Professor Dieter Helm is an economist at Oxford University and Chair of the Natural Capital Committee, which was set up to provide the Government with advice on the environment and energy policy. He is the latest commentator to produce a report on the possible implications of Brexit on food and farming.
Professor Helm provides an economic analysis of three possible options: a modified version of the status quo; a continuation of the existing level of subsidy, but with a shift from income support to environmental support; or -- his preference -- a transition to a situation where public goods are subsidised, but not via farmers. This, he argues, would be both economically and environmentally efficient.
He observes that the one thing all parties agree on is that a simple replication of the current situation would be a disastrous wasted opportunity. He also argues that any sudden change to the current subsidy regime would be extremely punitive, especially for upland farmers.
Read the full paper
here. Read the
blog by Sustain Coordinator Kath Dalmeny on how protection offered by EU legilsation may be threatened by Brexit.
Find out more about Sustain's campaign work for a more sustainable food system
here.