Energy Efficiency, Industrial, Sourcing Renewables - June 29, 2018
Land O’Lakes launches barn-to-biogas
Land O'Lakes, Inc, the agricultural cooperative, is partnering with California Bioenergy, LLC to launch a collaboration to support the financing, installation, and management of on-farm methane digesters to generate renewable compressed natural gas (R-CN") fuel in California. The partnership will help Land O'Lakes dairy member-owners in California to meet new state standards that call for a 40% reduction in dairy and livestock manure-related methane emissions from 2013 levels by 2030.
"Land O'Lakes and CalBio are creating the end-to-end sustainability infrastructure that farmers need to make 'barn-to-biogas' a reality," said Matt Carstens, senior vice president, Land O'Lakes SUSTAIN, in a statement. "This is impact investing at its best – eliminating barriers to the adoption of new sustainability technology, unlocking new revenue streams for farmers, cutting emissions and creating a public good."
This farmer-led model for "barn to biogas" is expected to offer nationwide solutions to agricultural methane emissions reduction and unlock new revenue streams for dairy farmers. To further its commitment to supporting member-owners around environmental sustainability, Land O'Lakes SUSTAIN recently launched Land O'Lakes SUSTAIN Innovation Financing, which offers eligible member-owners up to $3 million in financing for large-scale sustainability projects, including methane digesters. This financing is available specifically to help Land O'Lakes dairy member-owners implement new technologies or management systems focused on driving measurable outcomes for air, soil or water.
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