… slammed the meat industry in an interview with Yahoo Finance, calling it "the most destructive technology on Earth by far"…

 

 

Impossible Foods CEO slams 'the most destructive technology on Earth by far'

 

Daniel Howley, Yahoo Finance

January 8, 2020

 

Impossible Foods CEO Pat Brown is bringing the heat to CES 2020 in Las Vegas, America’s biggest consumer tech trade show. The head of the plant-based meat company not only debuted two new products, a ground pork and pork sausage alternative, but slammed the meat industry in an interview with Yahoo Finance, calling it "the most destructive technology on Earth by far."

 

The company's ultimate goal is to completely replace animals as a form of food by 2035.

 

Impossible Foods already offers a beef alternative in its Impossible Burger, which uses plants and includes a soy-based heme protein, which gives the burger the faux blood that makes it "bleed."

 

The new sausage offering goes on sale in January at 139 Burger King locations in various test markets across the U.S. There's no word on availability for the ground pork offering just yet.

 

Impossible's latest move comes as the fake meat wars continue to heat up. The company's biggest competitor, Beyond Meat (BYND), went public in 2019 and saw its stock skyrocket from its IPO price of $25 all the way to $234 in July, before settling back down to $83.89 on Tuesday.

 

On Tuesday, Impossible told Reuters it’s no longer seeking a deal to supply McDonald's (MCD) with its Impossible burger due to supply constraints. Beyond Meat’s shares jumped on the news.

 

Holding the meat industry's feet to the fire ...

 

... "Again the thing that you just have to remember to anticipate everything Impossible is going to do is that our intention is to completely replace animals as a food production technology, the most destructive technology on Earth by far," Brown said...

 

more, including links  

https://finance.yahoo.com/news/impossible-foods-pat-brown-slams-meat-industry-182742649.html