New Delhi: Bill Gates, the founder of Microsoft and one of the world’s top tycoons, has chosen a unique company for investment. This Australian startup company is making technology to reduce methane emissions of cow burps. Methane is the most common greenhouse gas after carbon dioxide. Methane gas comes out from the belching of cow, goat and deer. These animals eat grass and when it is digested in their stomach, it releases methane gas. Gates has expressed concern many times over the damage caused to the environment by meat production.
It has been proven in many researches that feeding seaweed to cows can reduce methane emissions. Perth startup company Rumin8 is working on red seaweed in a synthetic way. This can reduce methane. The company said in a statement that it has raised $12 million. Gates’ company Breakthrough Energy Ventures has invested the most in this. Gates formed this company in 2015. Amazon’s Jeff Bezos and China’s Jack Ma also have investments in this investment firm.
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methane emissions
David Messina, managing director of Rumin8, said that there is a need to reduce methane emissions to save the environment. In October last year, New Zealand proposed a tax on greenhouse gases released from pet belching and urination to tackle climate change. This scheme will be implemented from 2025. Agriculture accounts for about half of the total emissions of greenhouse gases in the country. In 2019, the level of methane in the atmosphere reached a record level.
