Nick Stork and Joe Malchow write in The Wall Street Journal about renewable natural gas development.
- The private sector is investing in renewable natural gas (RNG) which is sourced from landfill emissions of methane, a greenhouse gas that is 80 times more potent than CO2.
- Waste Management just announced an $825 million investment to boost renewable natural gas capture at its landfills and BP recently acquired RNG company Archaea Energy.
- RNG offers a low, and sometimes negative, carbon energy source that can reduce harmful emissions while tackling waste.
“Some of the predictions in ‘Back to the Future’ proved too far-fetched. Flying cars seem as distant today as they were in the 1980s. But power from trash? Today trash represents a permanent carbon-negative source of natural gas. Voluntary transactions in RNG, and the micro-scale process improvements that have boosted this market, suggest a far more circular economy on the horizon.”
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.
