Methane from manure offers green revenue for US farmers [FT.com - Mergermarket]
Chevron Corporation (CVX)
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Source: FT.com - Mergermarket
June 25, 2020Jump to comments sectionPrint this pageThe rise of industrial-scale livestock farms in the has put cheap meat on consumers’ plates, but it also has environmental costs. Among them are emissions of methane.The powerful greenhouse gas forms when wet dung decomposes anaerobically in open slurry pits, a design feature of larger swine and dairy operations.In the , some farmers and utilities are trying new ways to capture the waste gas and convert it to fuel. “Renewable natural gas” builds on the established technology of biogas, further refining it for shipment on commercial pipelines.RNG costs more than conventional natural gas, and there is far less supply. Yet it is attracting investment with the help of subsidies and incentives.By converting manure into renewable natural gas, facilities such as this one can provide extra revenue for farmers © (c) Bertoldwerkmann | Dreamstime.comIn North Carolina, home to 9.2m pigs, the OptimaBio company collects waste gas from custom-buil
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- Exxon, Chevron CEOs seek clear rules on US clean energy subsidies [Reuters]Reuters
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- India's Reliance renews bid for US license to import Venezuelan oil, sources say [Reuters]Reuters
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- 5/2/24 - Form 10-Q
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