Bill Gates wants to support an Australian company that wants to market nutritional supplements for feeding livestock and thus reduce their methane emissions.
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Bill Gates has raised $12 million for climate technology company Rumin8 through his company Breakthrough Energy Ventures (BEV) with participation from Harvest Road Group, according to a press release.
Australia-based Rumin8 is studying ways to reduce emissions from livestock, and their latest initiative is identifying “anti-methanogenic properties” that can be efficiently and inexpensively produced to feed livestock, the New York Post reports.
“The demand for sustainable protein has never been greater, which is why BEV is interested in reducing methane emissions from beef and dairy,” said Carmichael Roberts, Managing Partner at BEV. Our team will support Rumin8 by working with farmers to expand the reach of this solution internationally.”
Gates has previously argued publicly that wealthier countries should switch from beef to plant-based alternatives to combat climate change.