Could Less Gassy Livestock Be a Cash Cow?
It's time to have a conversation about flatulent cows.
The hamburgers and cheese that come from U.S. cattle may be
favorite fare at many summer cookouts, but the methane the same cows
produce is significantly less appetizing.
That's
especially the case for sustainable investors looking for a low-emission
place to park their cash. "Enteric fermentation," or livestock's
digestive process, accounts for 22 percent of all U.S. methane
emissions, and the manure they produce makes up 8 percent more,
according to the U.S. Environmental Protection Agency.
And
although agriculture is a growing industry as the world looks to feed
its swelling population, some investors are reluctant to support a
sector with such a hefty methane footprint.
"There
are a lot of factors or buckets that go into agricultural emissions,
but livestock tends to be one of the largest focuses," said David Nicola, portfolio manager of the Gratitude Railroad Farmland Fund, which launched this week and is targeting $40 million in capital commitments focused on regenerative agriculture.
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