Yes, it's a bit like the problem with biofuels and internal combustion engines - there's a lot of waste and destruction [1]. Solar panels with electric cars are a lot more direct and efficient route for the same mobility.

There should be billions pouring into artificial food. It would solve so many problems that we have.

1: Ocean dead zones for example: https://www.vims.edu/research/topics/dead_zones/index.php