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Inner loop Water prices go up —> ag water use shrinks —> feed prices go up —> factory farmed meat prices go up —> diets go more plant-based Outer loop: —> livestock base shrinks —> less ag carbon emissions New lower water use equilibrium I like the overall macro trends here
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One reason for climate optimism is that all the market pressures are actually lined up for accelerating fast failures of unsustainable systems. You kinda don’t need ESG or green activism in many cases. Just green accelerationism judo move. Get behind bad incumbents and push.
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