Adorno said:
How does the production of bugs cause less CO2 emission than meat? I'm totally ignorant here.
Because the raising of cattle is a very CO2 intensive activity. Cows need to be bred and raised. They need to be fed, watered, their waste dispose of, then there's the near-constant lighting, the heating for winter, the antibiotics and growth hormones they're injected with, the vet check-ups, the land they take up and the fact that methane is produced in their four-chambered stomachs. When they've been slaughtered, not every part of them is used, so there's also the disposal of the bits that don't get used.
Add to that the fact that in some countries, carbon sinks (forests) are destroyed to make way for cattle farming, which 1) reduces new-growth forest ability to absorb carbon, because there is no new growth, and 2) releases the carbon stored in old-growth forest back into the atmosphere, compounding the issue even further.
Insects are "cleaner" in that they don't require the same labour intensive (and CO2 intensive) processes. They grow faster and reproduce faster, they are easier to care for and maintain, and you don't have to worry about things like TB or foot & mouth.
To answer the OP; no, I wouldn't. I don't eat any animal, and I do just fine. I get my protein from nuts, seeds and mycoprotein (quorn) which is a lab-produced fungus. There are plenty of non-animal sources out there. Hike up the price of red meat and let them eat bugs, I say.
Edit: chances are you're already eating some part of bugs and not even realising it. Carmine is the red dye which comes from cochineal (bugs) and is widely used in the food industry to produce red colouring.