(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 methane produced by cows.
Breakthrough Energy Ventures (BEV), which was created by the Microsoft co-founder in 2015, led a US$12 million funding round in Rumin8, which produces dietary supplements that reduce emissions from livestock.
Gates has often spoken about the impact of meat production on the climate crisis: animal farming accounts for approximately 14.5% of all human-caused greenhouse gas (GHG) emissions.
The cash will be used to accelerate Rumin8’s path to commercialization.
“The demand for sustainable protein has never been more evident, which is why BEV is very interested in reducing methane emissions from beef and dairy,” said Carmichael Roberts, BEV. Read the full article >