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The first cultivated meat is approved for sale in the US
(upsidefoods.com)
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Even if cultivated meat was initially bad for the environment, I'd guess that it would be easy to minimize it's environmental impact versus traditional meat. There's only so much you can do to stop cows from belching CO2. However, a factory making vats of cultured meat could install pollution controls to reduce their emissions.
I'd definitely like to see peer reviewed studies backing everything up, but my guess is that cultivated meat will on par with or be better for the environment than traditional meat and will only get better.