Nick Stork and Joe Malchow write in The Wall Street Journal about renewable natural gas development.
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- 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.
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