Now waiting to get them on my Steem account and put them all “to work” for me 🙂
I remember I bought a very similar quantity of STEEM 1 year ago… at that time I spent 5 times more Euros, around 250 Euros if I am not mistaken… Then I thought it was really a good moment for buying STEEM after a long correction…Obviously I was wrong and the market kept falling down even deeper…
But I did not care at all since that “derisive” amount of bought STEEM finally helped me in order to grow up my account, since I invested it in different projects and opportunities… The compounding effect multiplied the Steem Power rapidly…
Now I am buying again more or less in a regular basis, in small quantities taking advantage of the sudden lows that come and go while BITCOIN defines the destiny of the whole market. Last time was 2 weeks ago… again 50 Euros sent to BITVAVO directly from my Bank account, getting 303 STEEM and paying a fee of 0.13 Euros. Today I did the very same action getting 50 STEEM more in comparison…
Personally, I cannot see better moment to buy STEEM than nowadays but I prefer to do it in small quantities and enjoy from “Bargains” further more…
The Chicago Mercantile Exchange (CME Group) wants to let bitcoin futures traders hold a greater number of open positions at one time.
CME announced its intention to increase in the so-called spot month position limit for its bitcoin futures contracts in a letter to the U.S. Commodity Futures Trading Commission (CFTC) Thursday.
The limit would jump from 1,000 contracts per spot month to 2,000 for any single investor. Since each contract is for five bitcoin, the change means a trader’s maximum exposure would double from 5,000 bitcoin (worth about $50 million at current prices) to 2,000 contracts (10,000 bitcoin, or $100 million).
To be sure, few traders if any holding that many open positions right now, given that the exchange saw the number of open interest contracts reach an all-time high around 6,100 in July.
The head of the nonprofit organization behind Facebook’s Libra digital currency has said the company is committed to launching it and clearing regulatory hurdles.
Perez: “We don’t want to be like BlackRock”
In an interview with French news magazine Les Echos on Sept. 12, Bertrand Perez, director general of the Libra Association, said the token should appear in the second half of 2020.
The comments came the day France’s economy and finance minister said the country would refuse to allow Libra to operate within its borders.
As Cointelegraph reported, concerns over financial stability fuelled the resentment, with Bruno Le Maire appearing to wish to shape a hostile European Union policy towards Libra.
According to Perez, however, Facebook does not wish to create new supplies of money via the token. He drew comparisons to BlackRock, the world’s largest asset manager, saying the social media giant did not want to compete in that market.
“We don’t want to become a new BlackRock,” he told Les Echos, continuing: “That’s why these concerns about the destabilizing effect our reserve currency could have on central banks’ fiat currencies — which figure in our basket — seem unfounded to
Moscow-based law firm ZP Legal claims to have identified Russian nationals who received bitcoin stolen in the 2014 hack of Mt Gox.
Local law enforcement is investigating Alexander Vinnik, the alleged operator of the defunct exchange BTC-e.
ZP Legal says Mt Gox creditors who come forward as potential BTC-e victims may help Russian authorities establish a connection between the exchanges.
To cut a deal with law enforcement, those who benefited from the Mt Gox hack might offer to return funds to the exchange’s creditors, the law firm reckons.
Ethereum classic has successfully enacted a system-wide software upgrade as part of a bid to increase its interoperability with ethereum, the blockchain that split off from its codebase in 2016
Dubbed “Atlantis,” the hard fork requires all software users to upgrade their clients in order to stay within the rules of the network. According to a release by ethereum classic startup Ethereum Classic Labs, 10 Ethereum Improvement Proposals (EIPs) were included in Atlantis to improve stability and performance and add opcodes, precompiled contracts, zk-SNARKs and enhanced security.
“And we are on Atlantis. Congratulations, everyone,” said hard fork coordinator Afri Schoedon during a public call, while ETC Cooperative director of developer relations Yaz Khoury said on Twitter that this fork saw “one of the longest debates to reach consensus along with a lot of the immutability politics.”
He added:
“Learned a lot about the beauty of decentralization and a distributed community.”
Ripple’s CEO Brad Garlinghouse rejects accusations that his company manipulates XRP price in an interview today with CNN anchor Julia Chatterley.
On Sept. 12, CNN’s Julia Chatterley started the interview with Ripple’s CEO Brad Garlinghouse by saying that CNN has been looking at ways cryptocurrencies can be a force for good, before progressing to discussion of whether Ripple is actively dumping XRP on the market, as some in the XRP community have alleged.
XRP community is threatening a ‘takeover’
The First Move anchor Chatterley asked the Ripple’s CEO about the recent news that the XRP community has been threatening with a ‘takeover’, i.e. a hard fork if Ripple executives keep on dumping XRP on the market and how much ownership Ripple itself has over XRP. Garlinghouse responded by saying:
“In the XRP community, Ripple is the largest owner, and we are the most interested party in the success of the XRP ecosystem
” Tune in on Thursday, 8PM (UTC+8) for NEO Live, your exclusive chance to chat with our project leaders and discover…”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
So today, we tested the support line created by the Low on the STEEM but till now, the sellers have not been able to break it. This support looks quiet strong but we have been helped also by the bounce on the BTC. Anyway, let’s stay positive and see if a bounce could start from that support line to take some distance from it…
The largest crypto exchange by volume is making its U.S. debut next week.
Binance.US said today that the platform will open registration and deposits on September 18. According to a company blog posting, the launch will initiate a rollout of multiple Binance products across the U.S.
After registration, six cryptocurrencies will be available for deposits including bitcoin, ethereum, XRP, bitcoin cash, litecoin, and tether.
Trading will commence later at an undisclosed date.
Based out of San Francisco, Binance.US was announced earlier this year. Residing officially in Malta, Binance has physical locations in Jersey, Singapore, Hong Kong, and Uganda.
Join us live from the show floor at Invest: Asia, our premier crypto global investment event.
For the next two days we’ll be talking to folks like Jocelyn Chang of MakerDAO, Jeremy Allaire of Circle, and Benjamin Soong of Ledger. You’ll be able to chat with us on YouTube, ask questions and interact with our guests as we explore the booming Asian markets.
Akon, the famous rapper was live on a radio station and explain basis of monetary policies and advertised Bitcoin.
He explained why BTC is as valuable if not more than USD ? because people give it value. He goes on to say Bitcoin is backed by the people whereas USD is backed by military and the government.
Joseph Lubin, co-founder of ethereum, is to join the governing board of the Linux Foundation-led blockchain consortium Hyperledger.
The move comes as ConsenSys, the ethereum development startup founded by Lubin, becomes the latest Hyperledger premier member, ConsenSys announced on Wednesday.
ConsenSys said it will work as part of the group to explore interoperability between blockchains, as well as to promote standards to support “enterprise-grade blockchain environments.”
ConsenSys’ PegaSys protocol engineering group recently submitted its ethereum client, formerly known as Pantheon, to the group as the Hyperledger Besu project. Besu, aimed to provide a platform for “open development and deployment,” marks the first public blockchain-compatible submission to Hyperledger, the firm said.
According to Lubin: “PegaSys and ConsenSys have been committed to open source software and submitting Hyperledger Besu to Hyperledger demonstrates that commitment. Public networks with tens of thousands of nodes are most appropriate in a world in which we will see the tokenization of many types of assets and resources.”
Bank of New York Mellon has been appointed to serve as transfer agent and administrator of Bitwise Asset Management’s proposed Bitcoin (BTC) exchange-traded fund (ETF).
Bitwise amended the S-1 form that it submitted to the United States Securities and Exchange Commission (SEC) on Sept. 11. The amendment also lists major accounting firm Cohen & Company as auditor, while Boston-based legal firm Foreside Fund Services is listed as the Bitcoin ETF’s marketing agent.
Whether any of the aforementioned firms will act in their appointed regard depends on an eventual decision to allow the listing by U.S. financial regulators.
” Tune in on Thursday, 8PM (UTC+8) for NEO Live, your exclusive chance to chat with our project leaders and discover…”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
Little bit earlier in the day, we almost tested the low around 0.155$. It was expected and predicted in my previous post so no drama. I think we could stay upper than this support line but we need to be carefull about the BTC because if the 10k$ is broken, we could see a new acceleration in the drop. and it will be the same on the STEEM.
New data suggests 40% of millennials would prefer to invest in crypto assets in the event of a recession.
In a news release shared with Cointelegraph on Sept. 10, multi-asset investment platform and social network eToro cited a survey on generational investment conducted from July 18 to July 31 among 1,000 online investors in the United States. Respondents aged between 20 and 65 years represented Generation Z, millennials, and Generation X.
The survey found that more than two-thirds of U.S.-based investors are afraid of a recession, and would consider converting part of their stock portfolios to safer investments or hedge with crypto assets, commodities or real estate.
Millennials favor crypto assets
Among survey participants, 40% of millennials said that they would prefer to invest in crypto assets if a recession occurs, while 50% of Gen Z said they would choose real estate. As for Gen X, 38% said that they would hedge with commodities. Guy Hirsch, managing director of eToro U.S., said:
“We believe that if a recession were to occur, we’d see shrinking stock portfolios and growth in other asset classes like crypto, as well as new fractional ownership models. Historically, these investment opportunities have been limited to high net worth and institutional investors, but innovation is unlocking these opportunities for everyday investors and clearly, these results indicate that the demand is there.”
Join us live from the show floor at Invest: Asia, our premier crypto global investment event.
For the next two days we’ll be talking to folks like Jocelyn Chang of MakerDAO, Jeremy Allaire of Circle, and Benjamin Soong of Ledger. You’ll be able to chat with us on YouTube, ask questions and interact with our guests as we explore the booming Asian markets.
San Francisco-based cryptocurrency exchange Coinbase may soon issue a proprietary exchange token, according to Coinbase’s head of institutional sales in Asia, Kayvon Pirestani.
Speaking on a panel Wednesday about the evolution of cryptocurrency capital formation at CoinDesk’s Invest: Asia conference, Pirestani said an initial exchange offering (IEO) platform is one of several capital-formation tools currently being explored by Coinbase.
“We think there’s a really interesting opportunity there for Coinbase,” said Pirestani, adding: “In a nutshell, Coinbase is carefully exploring not only the IEO space but also STOs [security token offerings]. But I can’t make any formal announcements right now.”
Facebook is seeking a payment system license under Switzerland’s Financial Market Supervisory Authority (FINMA) for its planned stablecoin project, Reuters reported on Sept. 11.
In an official statement today, the Switzerland-registered Libra Association — a not-for-profit membership organization established to govern the Libra network — explained its choice to coordinate a regulatory framework with the Swiss watchdog:
“Switzerland offers a pathway for responsible financial services innovation harmonized with global financial norms and strong oversight. We are engaging in constructive dialogue with FINMA and are encouraged to see a feasible pathway for an open-source blockchain network to become a regulated, low-friction, high-security payment system.”
FAfter a nine-month delay and $3.8 million of investment, an upstart manufacturer is ready to produce its first batch of powerful new machines for mining cryptocurrencies ethereum and ethereum classic.
Linzhi, based in Shenzen, China, said Wednesday it had ordered 37 wafers from Taiwan Semiconductor Manufacturing Company, the main parts that will allow it to build about 200 application-specific integrated circuit (ASIC) miners. These sample units will test whether the machines can mine as efficiently as they are designed to do using ethash, the proof-of-work algorithm used on ethereum and ethereum classic.resh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges.
As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June.
We are testing the support line at 0.164$ that I was explaining you yesterday. I don’t think that this support will stay alive if the BTC breaks the 10k$. We could go test directly our lows around 0.155$ if it was the case. Let’s hope buyers will be there in waiting mode and will avoid that we break it.
According to a survey from Telehealth vendor American Well, 66% of consumers are willing to try telehealth, but only 8% have actually done it and 17% of those interested in virtual care were unsure whether the service was covered by their insurance.
Another study (from health system Intermountain Healthcare) found that only 20% of people had heard of telehealth, which American Well called “a tremendous opportunity”.
Additionally, two thirds of Americans are using devices that help them monitor their personal health and 50% use health apps.
Berenberg
view
Telehealth is clearly increasing in popularity – the number of physicians reporting telemedicine as a skill rose 20% per year over the past three years according to a study from professional medical network Doximity – with younger generations the most likely to make use of the new virtual care services (surprise).
According to a 2018 study published in the Journal of the American Medical Association (JAMA), virtually conducted doctor-patient visits increased by 261% yearly between 2015 and 2017.
However, the article also highlights the well-known gap between people saying they are willing to try something new and people actually then trying it – as well as the continued efforts required in consumer education.
The two key groups telemedicine providers have to convince are mothers (since they still handle the majority of their childrens’ doctor visits) and seniors (a tricky one, given the inherent reluctance to use the tech, but a lucrative and growing market which could probably be accessed by targeting the younger relatives who look after their care rather than the seniors themselves).
The Stellar Development Foundation and messaging service Keybase announced Monday a 2 billion XLM airdrop, the largest in Stellar’s five-year history, worth roughly $120 million. Over the next 20 months, Keybase users can expect monthly airdrops of 100 million XLM.
Keybase currently has 300,000 active users across its various services, according to the company. “All you have to do is have an authenticated Keybase account, and your XLM will appear in your wallet – automatically, every month, for as long as the airdrop continues,” according to a draft blog post shared with CoinDesk.
The popularity of the decentralized blockchain-enabled web browser Brave continues to grow as it has outranked other browsers in Google Play rankings in Japan.
Brave beats rival browsers
According to a Reddit post on Sept. 8, this is the first time that the privacy-focused Brave browser has overtaken its rival browsers such as Firefox, Opera and Chrome in Japan. The most recent ranking data from Google Play shows that Brave sits comfortably at number 10 on the list, while its closest competitor Firefox lags behind, occupying 14th place.
A Google Play ranking is determined by how well apps perform against several key metrics such as crash rates, app-not-responding rates, excessive WiFi, location or processing in the background.
IBM has doubled the number of its employees on the technical steering committee (TSC) of Hyperledger, stoking concerns about the tech giant’s influence on the enterprise blockchain consortium.
Six out of the 11 2019-2020 TSC members announced last week are IBM employees. Five work at Big Blue itself and one, Mark Wagner, is a senior principal engineer at Red Hat, an IBM subsidiary. By comparison, the previous year’s TSC had only two IBM representatives and the same number of total seats (Wagner served on the committee, but IBM’s acquisition of Red Hat did not close until July 2019).
The new committee will begin governing after the new TSC chair is elected next week.
Investment management firm VanEck has issued just 4 bitcoins (BTC) via its new trust focused on institutional investors. VanEck: one week, one Bitcoin basket
Data from the company, spotted by economist and cryptocurrency commentator Alex Krüger on Sept. 10, showed that since its launch at the start of the month, VanEck SolidX Bitcoin Trust 144A Shares total net assets are only $41,400.
The product, which caused a buzz after VanEck described it as being akin to an exchange-traded fund (ETF), caters strictly to so-called qualified institutional buyers, or QIBs.
“VanEck SolidX Bitcoin Trust 144A Shares… looks and feels like a traditional ETF,” its official description reads.
Fresh data from the Japan Virtual Currency Exchange Association (JVCEA) has revealed that as of April 2019, the value of yen-denominated Bitcoin (BTC) holdings has outstripped those in XRP on domestic exchanges.
As Cointelegraph Japan reported on Sept. 10, the surge in the value of exchanges’ Bitcoin holdings coincides with the beginning of Bitcoin’s 2019 bullish uptrend, which saw the top cryptocurrency hit close to $14,000 by late June.
More XRP is being accumulated, but value declining
The zone around 0.165$-0.164$ starts to be a support zone and even we tried to break it several times, it looks like that the sellers have difficulties to go lower. We have the see what will be the results in the coming hours as we are just sitting on it but a UP bounce from that zone is possible.
Major cryptocurrency exchange Binance’s United States-based branch Binance.US will launch in the coming weeks, preceded by Know Your Customer (KYC) registration a few days earlier.
According to a Medium post published by Binance.US on Sept. 6, while the launch of the trading platform itself is expected in the following weeks, KYC onboarding will start a few days earlier. The aim of this is to ensure that users will have time to verify their accounts and deposit their funds.
Bitcoin is an innovative amalgamation of pre-existing technologies and the creation of new ones that has lead to an entirely new form of money. However, for many, the support for the world’s first digital currency is based primarily on ideological preferences.
In this article, you will discover why a significant amount of Bitcoiners also love Austrian Economics.
What is Austrian Economics? Austrian Economics is a school of thought that originated in Vienna, Austria. Though influenced by works from earlier times, the work considered to be the foundation of this economic school of thought is Carl Menger’s 1871 book ‘Principles of Economics.’ In 1949, another notable name within the Austrian school, Ludwig Mises, published the book ‘Nationalokonomie,’ which provides an overview of the principles governing the economists who identify under this label.
At the time of its publication, Mises’s book was received unfavorably by other leading economists who had already made a turn towards Keynesian economics, following the devastating effects of the world wars. Austrian Economics was losing the ideological war, with Keynesian Economics significantly influencing global economics especially after the Bretton Woods Conference of 1944 where the International Monetary Fund (IMF) was created. The IMF played a major role in the global post-war monetary system, establishing gold and the dollar as the standard and greatly influencing the U.S.’s position in global politics.
Matthew Trudeau, chief strategy officer of ErisX, offered a thoughtful response last month to a CoinDesk article about high-frequency trading in crypto. In short, CoinDesk reported that features linked to high-frequency trading in conventional markets were making an entry on crypto exchanges and that this might be bad news for retail investors.
While I agree with Trudeau that, in general, “automated market making and arbitrage strategies create greater efficiency in the market,” I disagree with his assertion that applying the conventional markets’ microstructure blueprint will improve liquidity in crypto.
I will explain below that, pushed to their limit, the benefits of speed brought about by electronification actually impair market liquidity as they morph into latency arbitrage. It is inevitable that crypto markets become much faster, but there is a significant risk that some exchanges overshoot and end up hurting their customer base, re-learning the lessons of the conventional latency wars a little too late. Those who do will lose market share to electronic OTC liquidity providers and alternative microstructures, which I will present in this introductory post.
Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh. According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory
Commission approved the phone for import in August and it will be available on the Bangladeshi market in October.
Mobile Phones in Bangladesh Finney’s launch in Bangladesh comes amid a trend of growing smartphone ownership in the country. According to a 2018 report from global research firm GSMA Intelligence, by 2025, 75% of the population (138 million) will have smartphones, while 41% (73 million) will be mobile internet subscribers.
Per GSMA, the increasingly urbanized population has been buying more smartphones as cheaper devices come to market, and in this regard, Finney’s price is more comparable with high-end phones available in Bangladesh. Finney debuted last year with a cost of $999, while the Samsung Galaxy S10 is available on local phone market MobileDokan for 74,900 taka ($894).
Last Friday Bitcoin (BTC) price marched within just a few dollars reach of $11,000 and it seemed that the weekend would be a bullish one. The top digital asset was on the verge of leaping over the descending trendline of the massive wedge. A mysterious $1 billion Bitcoin transfer spotted by Whale Alert had some speculating that a whale or an institutional investor was moving funds into Bakkt’s custody service.
Shortly after topping out at $10,938, Bitcoin sharply reversed course and traders were left to speculate whether Federal Reserve Chairman Jerome Powell’s Bitcoin comments put a damper of the bullish price action. Or perhaps the advent of Bakkt’s (physically delivered) Bitcoin futures contracts was repeating the CBOE/CME Bitcoin futures product that launched to much hype right at the peak of the 2017 monster rally.
Let’s take a look at the current price action and see if we can determine what Bitcoin is up to.
“On 9th September, Zilliqa and @Infinito_Ltd look forward to hosting a joint AMA .”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
So as expected and predicted yesterday, we didn’t go test the 0.18$ before that the drop came back. We should go now in the direction of the lows on the STEEM. It is possible that we move in range between 0.18$ and 0.155$ before a break out in one direction. Let’s hope it won’t be a new drop and so a new low…
Beyond Investing is launching the US Vegan Climate Exchange Traded Fund (VGN ETF) on the New York Stock Exchange on September 10th.
The ETF is targeted at vegans looking for climate-conscious investments and is constructed by taking “the Solactive US Large Cap index (a proxy for the S&P 500 Index) and [excluding] any stocks whose activities are incompatible with a vegan and climate-conscious approach to investing,replacing damaging stocks with midcap alternatives that meet its ethical criteria.”
Analysis and Comments
Flows toESG and sustainability-focused fundshave spiked this year, as investors continue to focus on the investment opportunities that address issues such as climate change, (plastics) pollution, or gender pay disparities.
Therefore, you should expect to see continued growth in the number of investment instruments focused on these issues, particularly as worries around uncompetitive “stranded assets” intensify.
Telegram’s blockchain project, TON, has entered the last preparation stage before going live. The code for running a blockchain node was released on the test network portal late Friday. Now developers and community members interested in the messaging app provider’s blockchain can start kicking the tires of a full node, a validator node and the blockchain explorer.
The release had been previously scheduled for Sept. 1, according to the sources familiar with the project’s progress, but was delayed a few days for unclear reasons.
French hardware wallets manufacturer Ledger announced that its cryptocurrency management software Ledger Live now supports Ethereum (ETH) ERC-20 tokens.
In a blog post published on Sept. 5, Ledger announced the version 1.14.0 of its Ledger Live software that now supports over 1,250 Ethereum-based ERC-20 tokens. The update has already been released for both mobile and desktop versions of the software.
Saturday, Sept. 7 — Bitcoin (BTC) is trading sideways after falling short of the resistance at $11,000 yesterday, while Ether (ETH) is making a slight recovery from its dip earlier this week
Bitcoin has been trading in a range around $10,400 today. Yesterday it appeared that the coin would finally cross the $11,000 mark, a price the cryptocurrency has not seen since Aug. 13, but it fell short and corrected down to $10,313. At press time the coin is trading at $10,521, up 1% on the day.
Twitter and Square CEO Jack Dorsey stated that there are no plans for a platform-specific “Twitcoin” cryptocurrency, noting that he will instead focus on promoting Bitcoin (BTC).
Open standards are better According to Australian news outlet The Sydney Morning Herald’s article published on Sept. 5, Dorsey is confident that Bitcoin is still the most likely candidate to beсome the internet’s native currency. Twitter CEO noted: “I think open internet standards serve every person better than ones controlled or started by companies.”
It seems like everyone and their dog is a cryptojacker these days. Just a couple days ago, the US Department of Justice charged Paige Thompson, the ex-Amazon employee who hacked into hundreds of millions of customer accounts from credit card company Capital, with the crime.
Thompson was exploiting the computing services of cloud servers to mine crypto, making a tidy profit.
And “cybergendarmes,” the French police’s crack cybersecurity team, just rumbled a hacking group that used a network of 850,000 computers to mine the cryptocurrency Monero, reports the BBC.
It comes as no surprise, then, to hear that cybersecurity researchers from McAfee Labs just found that crypto-jacking campaigns have risen 29 percent, according to a report released this week.
“On 9th September, Zilliqa and @Infinito_Ltd look forward to hosting a joint AMA .”
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yersterday :
Here is the current chart :
The STEEM is doing a similar pattern than the BTC but I’m not sure that we will be able to go test the 0.18$. We drop litte bit too much compared to BTC (as it is often the case) and so that resistance level is still quiet far. If the BTC starts again to correct, I expect that we won’t test at all the 0.18$ resistance and that the drop will come back on the STEEM also.
According to a recent report by the UN’s Intergovernmental Panel on Climate Change (IPCC), global meat consumption must be reduced to curb global warming and alleviate strains on stretched land and water resources.
As human use directly affects more than 70% of the global ice-free land surface, plant-based foods and sustainable animal-sourced foods could free up several million square kilometres of land by 2050 and cut harmful emissions.
Last year’s report called for rapid changes across society to keep the temperature rise to 1.5 degrees Celsius, while this year’s report states that “[t]he window for making these changes is closing fast. If there is further delay in reducing emissions, we will miss the opportunity to successfully manage the climate change transition in the land sector.”
Analysis and Comments
According to the report, agriculture, forestry and other land use activities accounted for 23% of total net man-made GHG emissions during 2007-2016 (excluding pre- and post-production activity in the food system).
While the IPCC stops short from actually telling people to go meat-free, it does advocate the benefits of a more plant-based alternative diet, which may be seen as a positive for players in this space (although this is not exactly news).
The Guardian published a highly critical response to the IPCC’s land and climate report (saying that it “irresponsibly understates the true carbon cost of our meat and dairy habits”), which includes a number of very interesting figures – well worth a read!
