Bill Gates invests in cow fart climate start-up
(by Samuel Webb | Yahoo) – An investment firm founded by tech mogul Bill Gates has invested in an Australian climate technology company that aims to reduce the methane produced by cows.
Breakthrough Energy Ventures (BEV), which was set up by the Microsoft co-founder in 2015, led a US$12 million funding round into Rumin8, which produces dietary supplements that reduce the emissions from livestock.
Gates has frequently spoken out about meat production’s impact on the climate crisis – animal farming accounts for an estimated 14.5% of all human-derived greenhouse gas (GHG) emissions.
The cash will be used to accelerate Rumin8’s road to commercialisation.
“The demand for sustainable protein has never been more apparent, which is why BEV is keenly interested in reducing methane emissions from beef and dairy,” said Carmichael Roberts, BEV. Read Full Article >