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LMD August 2023

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Riding Herd Saying things that need to be said. August 15, 2023 • www.aaalivestock.com

Volume 65 • No. 8

Here We Go Again LEE PITTS

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NEWSPAPER PRIORITY HANDLING

asn’t it just last week that the beef industry got its tail all in a twist because plant-based meat was going to put us all out of business? Actually, it was more like ten years ago. In 2014, I wrote my first story about fake meat called “Bogus Burger” which was all about what is now called the altMeat movement, as in alternative meat. If I were to write a similar story today about plant-based beef I’d call it “The Flop of the Fakes” because after all the big build up, plant-based meat fizzled out like a leftover can of soda pop the morning after the night before. Also in 2014, I wrote about a totally different kind of alternative beef in which beef wasn’t replaced by plants but was instead made in a lab. I called that story “The Theoretical Burger” because it was more of a wish than a real product and if it was actually made back then it would have been a white soggy blob that you could have called the “Other, Other White Meat.” Catchy, don’t you think? Although I’m sure that pork producers wouldn’t have been too amused. We didn’t know a lot about lab-meat back then other than it was raised from stem cells, fed horse fetuses, and grown on Velcro. We didn’t know how many horse fetuses were needed to produce a pound of gain or the lab-meat’s average daily gain. Heck, we didn’t even know what

it tasted like. We did know that back then this theoretical burger would have cost $365,000 to produce and you would have had to wait in line a long time to get one. Like maybe a year, which was how long it took to make one.

Oh, by the way, did you want to super-size that? Now, less than a decade later, two fake-fake meat companies have been given the green light to start selling chicken that was made in a lab. There’s even a restaurant in Israel called “The

that was cooked and served in the same building it was made in! And from all reports it looks and tastes just like real chicken which should come as no surprise because that’s exactly what it is - real chicken! The bad news for beef producers is that consumer research indicates that a majority of consumers are willing to try cultivated meat and perhaps even pay a premium for it.

You’re Next The future has arrived and meat scientists, or rather meat engineers, say that lab-beef will be the next meat after chicken that will be coming to a store near you. Chicken was first because more people eat more chicken than any other meat in the world. It’s also an environmental issue because chickens supposedly consume more food,

Do not corner something that you know is meaner than you. Chicken” that allows patrons to dine on lab-made chicken

collectively, than other farmed animals. And it really irks greenies when they hear claims that “more than one-third of Earth’s ice-free land and tens of millions of acres of rainforest teeming with the bulk of our planet’s biodiversity supposedly have been replaced with fields of chicken feed.” But we’re getting slightly ahead of ourselves. Let’s review. It was a decade ago that Dutch scientist Mark Post unveiled the first lab-beef burger on television in 2013. Now, only ten years later, there are more than 150 companies on 6 continents, funded by $2.6 billion, all trying to make meat in laboratories. They all want to take a chunk out of the hide of the $1.7 trillion conventional meat business. And in so doing they say at the same time they’ll be decreasing deforestation, biodiversity loss, antibiotic resistance, disease outbreaks, and industrialized animal slaughter. At this point it’s hard to say whether lab-meat has any better chance that plant-based meat so don’t sell the ranch and sack

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Companies With ‘We Are Totally Good ESG Scores Awash in Pollute Just As Pseudoscience’: Much As Those Nobel PrizeWinning Physicist With Low Ones, New Analysis on Climate Finds Agenda BY NATHAN WORCESTER / EPOCH TIMES

BY TYLER DURDEN / ZERO HEDGE

obel Prize-winning physicist John Clauser isn’t afraid to go against the flow. In a July 26 interview with The Epoch Times, Mr. Clauser explained that he carried out his early research on quantum mechanics against opposition from some in the field. As a young man, he conducted the first experiment to demonstrate the reality of nonlocal quantum entanglement—the linkage between multiple particles across any physical distance. Many years later, that groundbreaking work earned him one-third of the 2022 Nobel Prize in Physics. Today, the 80-year-old scientist is up against another establishment. This time, though, he isn’t violating a prediction so as to rule out an alternative explanation to quantum mechanics. He’s violating a taboo that has slowly but surely become one of the biggest in science and politics. “I am, I guess, what you would call a ‘climate change denialist,’” Mr. Clauser told The Epoch Times.

s if there wasn’t exhaustive enough evidence that “ESG” is nothing but a scam, the Financial Times out in early August with a piece detailing how many companies with good ESG scores pollute just as much as their lower-rated rivals. Don’t say we didn’t warn you; we have been writing about the ESG con for years now, which along with other “sustainable” investments continues to see hundreds of billions of dollars in inflows from investors. The FT added to our skepticism by revealing this week that Scientific Beta, an index provider and consultancy, found that companies rated highly on ESG metrics - and even just the ‘Environmental’ variable alone - often pollute just as much as other companies. Researchers look at ESG scores from Moody’s, MSCI and Refinitiv when performing the analysis. They found that when the ‘E’ component was singled out, it led to a “substantial deterioration in green performance”. Felix Goltz, research director at Scientific Beta told the Financial Times: “ESG ratings have little to no relation to carbon intensity, even when con-

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by LEE PITTS

American Eulogy

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common theme that dominates the conversation of most people my age is that they are glad they’ll be decomposing six feet under the grass and won’t be around to live in the glorious future they created. My fellow senior citizens and I feel bad for the babies born today who, on average, already owe $13,425 in state debt and $78,089 in federal debt. I, on the other hand, wish I was going to be around to witness the carnage and to say, “I told you so.” I don’t think most younger Americans fully grasp that they’re sleepwalking into the fan blades of a giant green wind machine. As for the 31 trillion dollars they’re already on the hook for, what do they care, just like their $200,000 in student debt, they have no intention of paying it back either. Who cares if the debt is 31 trillion or 130 trillion? If we need more money we’ll just print more. In their world young people today think they’re all gonna work from home, or sitting at Starbucks, staring at their phone all day doing what they call “work” without a boss looking over their shoulder. Or they’ll make a lucrative living being an “influencer” on YouTube, Twitter or Facebook. The Indians will make a living dealing blackjack, the blacks by playing sports and the illegal Mexicans by doing our dishes and our yard work. We’re all gonna live in online communities of strangers and when we’re hungry our food will be delivered by Door Dash and Uber drivers and for everything else we need we’ll get it from Amazon and pay for it with Bitcoin. We won’t worry about a steady paycheck because we’ll all be getting reparations checks for something or other, so we’ll just hang around and wait for our inheritance when our parents die so we can inherit their house. And we won’t even have to move from where we’re already living. All the pollution will disappear because all our factories will be shuttered and one third of the traffic will be parked at Tesla charging stations. We’ll live in a world of renewable energy and zero emissions and when we need more batteries we’ll just buy them at COSTCO. We’ll just

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