I think a better option might be to leave the meat industry alone entirely, and subsidize or otherwise drive down the prices of the plant based alternatives. Then it doesn’t hurt poor people, they can still buy it, and may even help them if they choose to switch.

If I could buy plant stuff for the same price as or less than meat, I absolutely would. But I simply can’t afford to pay the premium for plant products.

(I still don’t eat much meat, don’t get me wrong, maybe once a week on average. My stomach doesn’t like it. If I could replace it entirely I would, but sometimes you just need something that fits the meat texture/flavor profile)