Michael Grunwald of Canary Media reports on Pivot Bio and their eco-friendly alternative to chemical fertilizer.
- Chemical fertilizers, which are responsible for nearly 3% of global emissions, have been essential to feeding a growing world and reducing food insecurity.
- Pivot Bio is providing a more eco-friendly alternative to synthetic fertilizers with its genetically edited microbes that pull nitrogen from the air and into the soil where it fertilizes crops.
- Free markets are accelerating environmental progress.
“There’s an old joke that a farmer’s top three priorities are yield, yield and yield. Some scientists remain skeptical that Pivot’s biological solutions can replace chemical solutions on a grand scale without hurting yields. But so far, most of Pivot’s customers are coming back for more, which suggests they’re seeing financial benefits. Those benefits could increase if more countries crack down on nitrous oxide, as the Dutch government did in January. And the economics could become even more favorable as fledgling carbon markets begin to reward farmers for reducing emissions from fertilizer use.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.