News

Israel and China Sign $300 Million Lab Meat Deal

The carbon-spewing country is reducing its emissions by importing Israel's technologies to phase animals out of agriculture.

China signed a $300 million trade deal this week to import Israel’s slaughter-free meat technologies. There are currently three Israeli food technology firms (SuperMeat, Meat the Future, and Future Meat Technologies) working to replace animals in agriculture with “clean” meat—also known as “lab-grown” or “cultured” meat, a process in which a small amount of animal cells are grown in a laboratory setting to create real meat without slaughtering animals. “It is a colossal market opportunity,” food nonprofit The Good Food Institute executive director Bruce Friedrich said. “This could put [clean] meat onto the radar of Chinese officials who have the capacity to steer billions of dollars into this technology.” China signed the deal with the intent of reducing its greenhouse gas emissions by using Israeli technology to reduce the impact of animal agriculture. Chinese billionaire Li Ka-Shing—often compared to the country’s version of Bill Gates—identified a similar opportunity in the United States and has made substantial investments in US-based food technology firms Impossible Foods (makers of the fully plant-based Impossible Burger) and Hampton Creek—which announced its entry into the clean meat industry earlier this summer, with plans to introduce its first product to the market in 2018.

More News

Dairy Farmers Make Beer as Milk Industry Sours

Massachusetts dairy farm Carter & Stevens converted part of its facility into a brewery to offset losses incurred by low prices and decreased demand for milk.
Read More »

The Hamptons Gets Its First Vegan Café

New York's luxury vacation destination will soon be home to the Plant Based Coffee Shop, where hearty vegan food will make for a cruelty-free getaway.
Read More »

CA Senate Passes Mandatory Vegan Prison-Food Bill

State prisons, nursing homes, and hospitals may soon be required to have at least one plant-based meal option.
Read More »

Natalie Portman Survives Fiery Vegan Wings on Hot Ones

The vegan actress makes her way through the gamut of hot sauces on the series as she explains her dedication to veganism and promotes documentary Eating Animals.
Read More »

Prince's Estate Pledges to Remain Meat-Free

To pay respect to the late artist—an avid animal-rights advocate and rumored vegan—Paisley Park will maintain its meat-free policy.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »