Cows are the new coal
Cows are the new coal! Companies supplying meat and dairy to McDonald’s, KFC, Tesco, and Nestlé, among others, are falling short of their pledges relating to methane emissions and deforestation, a new report found. Methane is a powerful greenhouse gas.
Jeremy Coller is chair of the FAIRR investor network, made up of members with $40 trillion in assets. In a statement, he said: “The post-COP26 era leaves large parts of the meat and dairy supply chain looking outdated and unattractive. Failures from methane to manure management underline the growing sense in the market that cows are the new coal.“
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