Windfall uses “mems” — methane-eating microbes. These naturally occurring microscopic organisms live in the soil and eat methane as food for…
Much energy and effort is spent on reducing carbon emissions in the fight against global warming, but methane, while less abundant, is more destructive to the planet. It is far more efficient than carbon at trapping heat. Getting rid of it is essential to reaching global climate goals.Methane is emitted from, among other things, agriculture, landfills and oil production. While some companies are trying to reduce methane emissions, others are trying to capture and remove it as its produced.
"We provide those packets of mems, and then whoever has access to that methane can capture the methane themselves, turn it into fertilizer and create the value from it," said Josh Silverman, CEO of Windfall Bio."Our customers can be farmers, they can be dairy farmers who have access to cows , and they need to make fertilizer themselves. But we also work with customers in the oil and gas space who have waste methane from their day to day operations.
Traditional fertilizer production requires a lot of energy and produces huge carbon emissions, especially in making ammonia fertilizer. The use of meme would be a truly"clean" fertilizer."I've actually been honestly fairly shocked at how high the demand is," said Silverman."So it has far exceeded our best projections, and we have customers now on basically every continent, and we have more inbound interest than we can even supply.
While there is competition in the fertilizer industry, and there are other emerging technologies for methane capture, the mem method appears to be unique to Windfall. Investors say they aren't concerned about it scaling quickly.
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