Bill Gates-led Breakthrough Energy Ventures is backing technology developed by a Perth-based start-up to help take the global cattle industry into an emissions-free future.
Climate change crusader and outspoken cattle industry critic Bill Gates has thrown his support behind an Australian start-up that has developed technology to slash methane emissions from beef and dairy industries.
It coincides with a visit to Australia where Mr Gates met Prime Minister Anthony Albanese at the weekend to discuss climate change and other issues.Andrew and Nicola Forrest’s privately owned agri-business Harvest Road has also taken a stake in Rumin8, which has made the world’s biggest climate funds sit up and take notice after finding a way to replicate the bioactive in asparagopsis, the seaweed found by CSIRO to all but cancel out methane emissions from cattle in the form of burps and farts.
Rumin8 managing director David Messina said the company could scale up to produce millions of cost-effective doses in a short time and that had been one of the big attractions for BEV. The Albanese government has committed to joining more than 100 other nations that have signed up to US President Joe Biden’s global pledge to cut methane emissions by 30 per cent by 2030.
Dr Forrest’s Harvest Road said it continued to back FutureFeed and its seaweed-growing model, but also saw merit in the pharmaceutical solution offered by Rumin8.Harvest Road chief executive Paul Slaughter said Rumin8 complemented the group’s other investments in reducing agriculture’s contribution to climate change.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Albanese meeting with Bill Gates focused on energy innovationPrime Minister Anthony Albanese is keen to focus on further innovations in energy, meeting with billionaire-turned philanthropist Bill Gates. The Albanese government is using figures that forecast a drop in electricity prices to argue price caps on coal and gas are working.
Read more »
Anthony Albanese hosts Bill Gates at Kirribilli HousePrime Minister Anthony Albanese is hosting Microsoft founder Bill Gates for discussions on climate change, global health issues and new and clean energy opportunities.
Read more »
Prime Minister Anthony Albanese meets with billionaire Bill GatesPrime Minister Anthony Albanese has met with billionaire Microsoft founder Bill Gates at his official residence. The pair met at Kirribilli House in Sydney on Saturday morning to discuss sustainable energy, health and climate change. 9News
Read more »
Bill Gates meets Prime Minister Anthony Albanese at Kirribilli HouseOne of the world's wealthiest people Bill Gates, is meeting with Prime Minister Anthony Albanese at Kirribilli House. The pair are expected to talk on energy, tackling climate change, the Foundation and opportunities in the Pacific.
Read more »
Energy minister defends price cap, says it's having an impact on reducing energy pricesEnergy Minister Chris Bowen defends the government's energy relief plan, issuing new figures that show a drop in forecast wholesale electricity prices for 2023.
Read more »
Tim Ayres reaches trade breakthrough with ChinaAssistant Trade and Manufacturing Minister Tim Ayres has reached a breakthrough with the Chinese delegation, setting up a virtual meeting with senior Chinese trade ministers in the coming weeks. It would be the first meeting between the two countries' trade ministers in three years. “It is an important and useful development that there will be a face-to-face meeting of the Australian and Chinese trade minister over the coming weeks,” Mr Ayres told Sky News Australia.
Read more »