Methane Clips: September 18, 2023

 

NETL Joins Interagency Partnership To Address Major Driver Of Climate Change. According to National Energy Technology Labratory, “NETL will leverage its technical expertise and successful track record of innovation to help lead a $1.3 billion interagency initiative to reduce methane emissions — a potent greenhouse gas (GHG) and major driver of climate change — across the U.S. oil and natural gas industry. The Lab’s pivotal role in reducing methane emissions from the oil and gas sector is outlined in a new memorandum of understanding among the U.S. Environmental Protection Agency’s (EPA) Office of Air and Radiation, the U.S. Department of Energy’s (DOE) Office of Fossil Energy and Carbon Management and NETL. Methane emissions are the second-largest contributor to climate change — only carbon dioxide (CO2) ranks ahead of methane as a GHG source.” [NETL, 9/18/23 (=)]

 

Raleigh Biotech Looking To Reduce Methane Emissions From Cattle Raises $2.5M, Business NC Reports. According to WRAL, “A Raleigh-based biotechnology start-up that wants to reduce methane emissions in cattle has raised $2.5 million as part of its pre-seed funding and is looking to raise another $2 million, according to a Securities and Exchange Commission filing.  Hoofprint Biome last week received an approximately $2.4 million investment from AgriZeroNZ, a New Zealand-based investment firm that seeks to accelerate the reduction of agricultural emissions 30 percent by 2030. Hoofprint, a North Carolina State University spinout, develops cattle probiotics and natural enzymes that improve cattle health and digestive efficiency by eliminating methane.” [WRAL, 9/18/23 (=)]