Friday, April 26, 2024
9.7 C
Galway
HomeBeefMan on mission to make cattle feed available at no cost to...
Catherina Cunnane
Catherina Cunnanehttps://www.thatsfarming.com/
Catherina Cunnane hails from a sixth-generation drystock and specialised pedigree suckler enterprise in Co. Mayo. She currently holds the positions of editor and general manager at That's Farming, having joined the firm during its start-up phase in 2015.
Reading Time: 3 minutes

Man on mission to make cattle feed available at no cost to farmers

Cows are creating the “world’s first” cattle-generated carbon credits thanks to Mootral’s breakthrough natural feed supplement, Mootral Ruminant.

According to the company, its cattle feed supplement can cut the amount of methane they release by up to 38%. Besides, it claims it can also increase yield naturally and enable climate-friendly milk and beef production.

Mootral founder and CEO Thomas Hafner, life sciences entrepreneur and co-founder of Zaluvida Ventures, is seeking a further $2.5 million in investment to close the current seed funding round.

A Series A round will follow later in the year to help realise his vision of providing Mootral Ruminant at no cost to farmers worldwide.

Sell carbon credits from cattle 

In a statement, the company said:

“Mootral is the first company to sell carbon credits generated through reductions in cattle methane emissions, meaning businesses across the globe can purchase CowCredits to offset their emissions.”

“Mootral’s carbon credits are now also eligible for use as part of global climate reduction schemes such as CORSIA (Carbon Offsetting and Reduction Scheme for International Aviation).”

“Mootral estimates that if all 1.5 billion cows in the world ate Mootral Ruminant for a year, the reduction in methane emissions would be equivalent to taking 330 million European cars off the road – more than currently in use in the EU.”

Also, it means over half a billion carbon credits could be generated, making Mootral one of the most scalable currently available solutions in the fight against climate change.

Mootral, which is leading the charge for sustainable agriculture, plans to turn their attention next to the climate-friendly beef market with pilots taking place in the US and Europe this year, as part of a bid to get sustainable meat on the menu in steakhouses across the globe.

“It’s time for us to help cows become part of the solution in the global fight against climate change.”

Making cows part of the climate change solution

Thomas Hafner, CEO and founder of Mootral, commented: “Cows play an important role in our ecosystem, improving soil quality and supporting carbon sequestration, as well as providing a great source of nutrition.”

“It’s time for us to help them become part of the solution in the global fight against climate change. By bringing down methane emissions, which is 84 times more potent as a greenhouse gas than carbon dioxide in the first 20 years, Mootral is a scalable technology that opens a window of opportunity to avert climate catastrophe while we decarbonise the economy.”

He continued: ”We’re very excited to launch Mootral carbon credits on the market: they offer superb value to buyers, make a real difference to emissions, and help sustain our ancient farming communities and traditions.”

“I’m on a mission to make this feed supplement available at no cost to all cattle farmers eventually. But I need forward-thinking investors to get on board today for that to happen and to help us scale up internationally.”

“We’re seeking investors who want to tackle climate change globally but to make a difference locally. Ethical investors who hope to support farmers within their supply chains to cut emissions whilst also being able to increase yields and sell their milk at a premium,” he concluded.

- Advertisment -

Most Popular