I have long been a sceptic of BSF and indeed, the lab-grown meat business. Not just from the climate cultist perspective, but the whole industry has huge scalibility issues to overcome. From notes after several of my members had asked me for my opinion on BSF and MeaTech 3D.
Cultured meat is widely seen as a potential game-changer in the fight against climate change-hogwash, but several formidable obstacles stand in the way of scaling up this innovation. Firstly, there's the issue of infrastructure investment. Establishing large-scale production facilities for lab-grown meat demands substantial capital, as these plants require highly specialised equipment to manage the complex process of cell cultivation. This capital-intensive nature could slow the industry’s growth trajectory.
Regulatory hurdles also present a significant challenge. While countries such as Singapore and the United States have made headway in approving cultured meat products, many nations remain in regulatory limbo, lacking the clear frameworks needed to bring lab-grown meat to market. Even in regions where progress has been made, questions around the labelling and classification of cultured meat products add further uncertainty, with the potential to influence consumer perception and acceptance.
Lastly, consumer acceptance continues to be an uphill battle. Despite increasing awareness of the environmental benefits, lab-grown meat still faces scepticism and hesitation from the public, who are yet to be fully convinced that it can serve as a viable and appetising alternative to traditional meat. Overcoming these hurdles will be crucial if lab-grown meat is to fulfil its promise as a sustainable solution to our carbon footprint.
My personal view is that getting people to eat lab grown meat en masse is purely an economic choice; if a natural fillet steak is £8 and a lab grown one is £2, then consumers will choose the latter.
This will need huge amounts of capital to get there though as you note, and yes, labelling will be a regulatory nightmare. But bottom line is that if you accept that the entire world wants western living standards (but cannot achieve them without environmental destruction), then lab grown will be the way to go.
Regardless of cost, the utopian agenda promoted by figures like Bill Gates is facing increasing resistance. There’s a noticeable shift away from highly processed foods, which is also why the vegan trend seems to be waning—consumers are recognising that the nutritional value often doesn't live up to the marketing claims. While the primary goal of veganism may be to protect animals, many people are reconsidering it for the sake of their own health and well-being.
In my opinion, the scare tactics around environmental destruction are exaggerated myths propagated by the WEF donor class. I recommend following Bjørn Lomborg at https://x.com/bjornlomborg?lang=en. While he acknowledges that the climate is changing, he reaches different conclusions based on genuine, unmanipulated data and facts. He also suggests more cost-effective solutions that don’t require the world to adopt veganism or give up meat protein.
As for the price, it's being manipulated by activists in a bid to force the working class to switch from meat to vegan alternatives. What next, bugs. Oh, wait!
Excellent review and update Charles. Didn't realise how risky this was when I bought into it last year. It seemed like it was only going forward with the talk of potential commercial deals. Hopefully they come to fruition.
I hope so too - plenty of companies only grew with low rates, nothing the company could have done to stop the fall in the face of tricky macroeconomics.
Good news is BSF have got a decent chance of bouncing back as rates fall and the leather takes off
Very good read, Charles.
I have long been a sceptic of BSF and indeed, the lab-grown meat business. Not just from the climate cultist perspective, but the whole industry has huge scalibility issues to overcome. From notes after several of my members had asked me for my opinion on BSF and MeaTech 3D.
Cultured meat is widely seen as a potential game-changer in the fight against climate change-hogwash, but several formidable obstacles stand in the way of scaling up this innovation. Firstly, there's the issue of infrastructure investment. Establishing large-scale production facilities for lab-grown meat demands substantial capital, as these plants require highly specialised equipment to manage the complex process of cell cultivation. This capital-intensive nature could slow the industry’s growth trajectory.
Regulatory hurdles also present a significant challenge. While countries such as Singapore and the United States have made headway in approving cultured meat products, many nations remain in regulatory limbo, lacking the clear frameworks needed to bring lab-grown meat to market. Even in regions where progress has been made, questions around the labelling and classification of cultured meat products add further uncertainty, with the potential to influence consumer perception and acceptance.
Lastly, consumer acceptance continues to be an uphill battle. Despite increasing awareness of the environmental benefits, lab-grown meat still faces scepticism and hesitation from the public, who are yet to be fully convinced that it can serve as a viable and appetising alternative to traditional meat. Overcoming these hurdles will be crucial if lab-grown meat is to fulfil its promise as a sustainable solution to our carbon footprint.
My personal view is that getting people to eat lab grown meat en masse is purely an economic choice; if a natural fillet steak is £8 and a lab grown one is £2, then consumers will choose the latter.
This will need huge amounts of capital to get there though as you note, and yes, labelling will be a regulatory nightmare. But bottom line is that if you accept that the entire world wants western living standards (but cannot achieve them without environmental destruction), then lab grown will be the way to go.
Regardless of cost, the utopian agenda promoted by figures like Bill Gates is facing increasing resistance. There’s a noticeable shift away from highly processed foods, which is also why the vegan trend seems to be waning—consumers are recognising that the nutritional value often doesn't live up to the marketing claims. While the primary goal of veganism may be to protect animals, many people are reconsidering it for the sake of their own health and well-being.
In my opinion, the scare tactics around environmental destruction are exaggerated myths propagated by the WEF donor class. I recommend following Bjørn Lomborg at https://x.com/bjornlomborg?lang=en. While he acknowledges that the climate is changing, he reaches different conclusions based on genuine, unmanipulated data and facts. He also suggests more cost-effective solutions that don’t require the world to adopt veganism or give up meat protein.
As for the price, it's being manipulated by activists in a bid to force the working class to switch from meat to vegan alternatives. What next, bugs. Oh, wait!
Excellent review and update Charles. Didn't realise how risky this was when I bought into it last year. It seemed like it was only going forward with the talk of potential commercial deals. Hopefully they come to fruition.
I hope so too - plenty of companies only grew with low rates, nothing the company could have done to stop the fall in the face of tricky macroeconomics.
Good news is BSF have got a decent chance of bouncing back as rates fall and the leather takes off