The climate technology start-up in Australia that intends to lower the methane emissions from cow burps has received funding from billionaire Bill Gates.
The co-founder of Microsoft has been vocal about how raising beef has an adverse effect on the environment.
The most prevalent greenhouse gas after carbon dioxide is methane (CO2).
Methane is produced by livestock such as cows, goats, and deer as their stomachs break down tough materials like grass for digestion.
Methane gas is produced during this fermentation process, most of which is then belched out once more.
- New Zealand wants to charge for cow poop to cut emissions.
- Bill Gates promises to leave the world’s wealthy list.
According to academic research, giving seaweed to cows could considerably reduce their methane emissions.
start-up situated in Perth Rumin8 is developing a dietary supplement that inhibits the production of the gas using red seaweed as a source of synthetic material.
It declared in a press release that it had secured $12 million (£9.7 million) in capital from a round of finance spearheaded by Breakthrough Energy Ventures, which Mr. Gates established in 2015.
Additionally, the investment company has the support of Jack Ma, a Chinese businessman and co-founder of Alibaba, and Amazon CEO Jeff Bezos.
David Messina, managing director of Rumin8, said, “We have been really delighted with the welcome we have received from climate impact funds around the world.
He continued, “Fortunately for Rumin8, they clearly see the benefits of our technology. There is a genuine willingness to support solutions to reduce enteric methane emissions from animals.
In an effort to combat climate change, New Zealand proposed charging the greenhouse gases that farm animals emit through urination and burping.
By 2025, farmers will begin to pay for agricultural emissions under a groundbreaking system.
Agriculture is responsible for over half of the nation’s total greenhouse gas emissions, primarily methane.
Methane levels in the atmosphere hit record highs in 2019, around 2.5 times higher than during the pre-industrial era.
Scientists are concerned because methane has a significant impact on global warming.
Individual methane molecules warm the atmosphere more potently than individual CO2 molecules.
Methane is 28 to 34 times more warming than CO2 over a century.