Stop and smell the plant-based investments

Fried crunchy plant based vegan bacon pieces may be good for the planet, but what about in a portfolio? (Image: Getty)

Wed, 25 May 2022

I have no beef with plant-based foods.If the people want to eat chicken nugget facsimiles hung together with methylcellulose and glycerine, let them eat chicken nugget facsimiles hung together with methylcellulose and glycerine.But whether taxpayers should be directly propping up businesses such as the Kāpiti-based Sustainable Foods via opaque investment ‘funds’ is not so clear.Unveiling a $1.25 million loan from the Regional Strategic Partnership Fund this week, small business minister Stuart Nash hailed Sustainable Foods as &ldquo...

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