Unique collaboration to produce bread with lower carbon footprint in Norway [Yahoo! Finance]
YARA INTL ASA S/ADR (YARIY)
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Source: Yahoo! Finance
The four companies have signed a letter of intent aimed at reducing emissions from Norwegian food production, from fertilizer production to finished food products. To achieve their goals, the companies will use mineral fertilizers produced using electrolysis and renewable energy, adopt better agronomic practices, and leverage precision farming tools. Oats will be the first available product, with between 25-30 percent lower carbon footprint than regular oats produced with traditional mineral fertilizers. The intention is to produce an oat-based bread, to be made available in REMA 1000's stores in 2025. Oslo: The four companies represent the majority of the food value chain for grain. This process spans from the production of mineral fertilizers and cultivation in the field, to the production of flour and grain products, culminating in the delivery of finished goods sold to the consumer. Oats will be the first grains to have a carbon footprint reduction of 25 to 30 percent com
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