Turning rotten food and poop into energy: Investors smell an opportunity
August 22, 2019 by Los Angeles Times
U.S. investors are beginning to smell an opportunity in the waste-to-energy market, where livestock dung and food garbage is traded. Interest is being fueled by new state laws and by demand from companies such as UPS Inc.
After a lull in investor interest stretching back a decade, attention to “anaerobic digestion” waste-to-energy is surging in the United States, developers in the sector have said.
Renewable fuel options are drawing increasing investor demand amid concerns about climate change and environmental, social and governance issues, especially in Europe.
Meanwhile, California is encouraging fuel producers to cut their carbon emissions and big transportation businesses are converting their trucking fleets to renewable natural gas. In May, the logistics and delivery company UPS said it would buy 170 million gallons of renewable natural gas by 2026 — the largest purchasing commitment for renewable to date by any U.S. company, it said. | READ MORE