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🐝 Elric Langton's avatar

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.

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Charles Archer's avatar

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.

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🐝 Elric Langton's avatar

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!

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The Oak Bloke's avatar

1/ "There’s a noticeable shift away from highly processed foods" - this shift is true for slaughtered meat, cultivated meat and plant-based meat. We can all agree there is a deep disquiet among many about the industrialisation of food and the health consequences arising. It's being portrayed as the reason to doubt in the future of cultivated meat but the growing evidence against industrially produced and slaughtered meat is even more compelling.

2/ "As for the price, it's being manipulated by activists" - where's the evidence for that? Such a cost for a $77bn market would be vast and would run into many USD billions per year! (https://www.statista.com/statistics/1280394/global-plant-based-food-market-value/)

Assuming the manipulation is monetary (as opposed to something else - mind control?!) which activist(s) is/are spending these imagined billions to subsidise plant based food? Sounds highly unlikely.

3/ "force the working class to switch from meat to vegan" - Forced? How? Mind control again, is it?

4/ "What next, bugs" - Over 2 billion people regularly eat insects. Very difficult to find suppliers in the UK sadly - great place I always go to on holiday though. I particularly recommend meal worms with a salty barbeque sprinkle. (https://en.wikipedia.org/wiki/Insects_as_food)

OB

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🐝 Elric Langton's avatar

1/2: My resistance against cultivated meat is purely down to choice and cost, and some people have the desire to remove my choice through activism. I'd like to see some woke ideologist try to prevent me from purchasing my steak for the family meal. Some of these people are funded by the NGO WEF, Bill Gates. There is a cost They have had their minds controlled. Most likely, due to their smaller brain capacity, they may not get enough Omga's. :)

3/ You can be as flippant as you wish. We have all witnessed the climate scam employed to steer us away from meat proteins. They achieve this by highlighting the cases against industrialised farming, the adverse health effects on consumers and animals, and the degradation of the land. Yes, a form of mind control, if you wish to call it that. I prefer to call it "nudging influencing."

4: I am sure there are bugs, grubs, and sawdust in our food chain, but is the consumer aware? Where is your evidence for "over 2 billion people regularly eat insects." Don't quote a left-wing propaganda wikipedia. It lost credibility several years ago. "according to estimates? Oh really, where do these estimates come from...a Polish editorial which it also neglected to provide a source.

https://scienceinpoland.pl/en/news/news%2C28495%2Cexpert-more-2-billion-people-worldwide-eat-insects-every-day.html

No evidence is provided for his figure; the source leans on his perceived credibility. The following is as credible as it gets.

Geographical Distribution and Types of Insects Consumed:

Asia, Africa, and South America:

Asia: Insects like ants, grasshoppers, and butterfly larvae are consumed in various parts of Asia. For instance, in Thailand, insects are a common street food, and in parts of India, especially Nagaland, insects like bees and hornets are part of the traditional diet.

Africa: The consumption of caterpillars, termites, and grasshoppers is noted in Africa, particularly in regions where these insects are abundant and part of the cultural cuisine. For example, the mopane worm in Southern Africa is a well-known example.

South America: In countries like Brazil, Colombia, and Mexico, insects such as leaf-cutter ants and grasshoppers are consumed. In Mexico, insects are often prepared in various culinary dishes.

We can all choose to eat what we want as long as we are not eating each other. I draw the line at manipulation and misinformation from people like Bill Gates, as well as organisations like the WEF and UN. All hypocrites use celebrity influence; we never see them eating these bugs or walking from continent to continent. I believe lab-grown meat is decades away because of the cost of scale and consumer adoption.

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Dave Sutton's avatar

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.

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Charles Archer's avatar

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

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