Enbridge eyes US$1B of projects to turn food waste into gas
Posted: Wed Mar 01, 2023 11:17 pm
Enbridge eyes US$1B of projects to turn food waste into gas
https://www.bnnbloomberg.ca/enbridge-ey ... -1.1889732
Enbridge Inc. is committing as much as US$1 billion to building plants that turn discarded food into renewable natural gas as part of a pledge to reduce its emissions and provide customers with greener products.
North America’s largest pipeline company also is investing $80 million in Divert Inc., the company that created the waste-to-gas technology that will be used in the plants, according to a release on Wednesday. Current investor Ara Partners is leading a group that’s investing an additional $20 million.
Enbridge would generate a return from the facilities and the gas they’d produce while also making progress on a goal of reducing its emissions intensity 35 per cent by 2030. The partnership with Divert could offset 400,000 metric tons of carbon dioxide emissions a year, according to the statement.
https://www.bnnbloomberg.ca/enbridge-ey ... -1.1889732
Enbridge Inc. is committing as much as US$1 billion to building plants that turn discarded food into renewable natural gas as part of a pledge to reduce its emissions and provide customers with greener products.
North America’s largest pipeline company also is investing $80 million in Divert Inc., the company that created the waste-to-gas technology that will be used in the plants, according to a release on Wednesday. Current investor Ara Partners is leading a group that’s investing an additional $20 million.
Enbridge would generate a return from the facilities and the gas they’d produce while also making progress on a goal of reducing its emissions intensity 35 per cent by 2030. The partnership with Divert could offset 400,000 metric tons of carbon dioxide emissions a year, according to the statement.