Andrew Martin begins his account of the latest Pepsi quarterly report like this: “Tap water is making a comeback. That’s bad news for PepsiCo’s profits.” Sales are down 10%. Why? People aren’t buying as much soda or bottled water. Score one for the environmental movement.
The Environmental Working Group says the plastic bottles are bad for the environment but that’s not all. Its latest report tests the waters and finds plenty of fertilizer and drug residues in them. Oh great.
Next public appearance
New Directions in the Fight Against Hunger and Malnutrition: A Festschrift in Honor of Per Pinstrup-Anderson. Cornell University, Statler Hotel Amphitheater. The conference begins at 7:30 a.m. with breakfast and ends with a reception the following day with remarks by professor Pinstrup-Anderson at 2:25 p.m.
My joint contribution with Malden Nesheim is from 1:40-2:00 p.m. on “the internationalization of the obesity epidemic: the case of sugar-sweetened sodas.”