Wealthy billions. The poor ones don't eat as much meat and dairy. And it's a good thing ... if they did, we would need not one, but 4-5 Earths to feed everyone.
Eating meat is a culture. A story we tell ourselves. It cost us all of megafauna, half of our forests, it threatens thousands of animal species with extinction, and it should go. It can't go for much longer if we want to have any future.
> Higher cost of energy
Costs are human construct. Money is just a record in someone's database. Goverments can make as much as they want. It means nothing.
> necessarily means we get to spend less on other things
We will learn what has value when we'll eat the system to the ground.