Elon Musk has criticized the plans of Ireland
Cows, like all living mammals, produce greenhouse gases, which could threaten their existence.
According to the Telegraph, Ireland is reportedly considering killing 200,000 cows in the country to meet the European Union’s climate targets.
Not everyone is a fan of this method.
“Reports like this only serve to further fuel the view that the government is working behind the scenes to undermine our dairy and livestock sectors,” said Tim Cullinan, president of the Irish Farmers’ Association.
It also caught the attention of Tesla Inc. CEO Elon Musk.
“This really needs to stop. Killing some cows doesn’t matter for climate change,” he wrote in a tweet.
Climate change is a pressing global issue that requires immediate attention, but instead of culling cattle, there are alternative approaches to address this challenge. Here’s a look at three green stocks that are actively tackling the issue.
Tesla Inc. (NASDAQ: TSLA)
According to the U.S. Environmental Protection Agency (EPA), 28% of America’s greenhouse gas emissions in 2021 came from the transportation sector — and particularly from burning fossil fuels for cars, trucks, ships, trains and planes.
The EPA estimates that a typical passenger vehicle emits approximately 4.6 metric tons of carbon dioxide per year.
Tesla is helping resolve the issue by producing electric vehicles (EVs), which have no tailpipe emissions.
The company is making quite an impact. In the first quarter of 2023, it delivered 422,875 vehicles, representing a 36% increase year over year.
Tesla has been one of the more volatile names in the stock market. Shares fell a staggering 65% in 2022 but are up 140% in 2023.