Yes, and properly pastured cattle sequester carbon dioxide as well.This doesn't mean the methane issue goes away, but if we could eat less meat, make CAFOs go away, and raise cattle in a more sustainable manner, I think we'd come out ahead.
I am a little puzzled here--how do properly pastured cattle sequester co2? If you do grass farming, the cattle's manure will fertilize the grass, but I wonder if there is a net sequestration in the process.
Eating less meat will make a bigger impact than driving less.