@unionsaustralia@AshleyLeahy On revenue of $41 billion. That’s a net profit of 2.5% which is minuscule. Hard to see the argument that they are price gouging on those sorts of ridiculously slim margins.
@Mettricks And the calls for a tax on meat will only get louder as the billionaire investors in plant-based substitutes discover that their investments won't give them the returns they expected. They've 'bought' much of the media so they will throw themselves behind more tax.
@t_costa No it won't. The tech challenges are too big to overcome. The segment has been around since the 1970s and is dominated in the US by Kellogg with a brand created in 1985. Beyond and the like bring nothing new except hype & the cash of Silicon Valley Simpletons.
@scottyminotaur @WookieeArtist @neiltyson No, it places processed meat there. Not unprocessed. It’s unfortunate because the relative increase in risk is ridiculously small. AND all nutritional studies have great difficulty controlling for other variables like diet and general health.