Cargill and Microgy, a subsidiary of Environmental Power Corporations, formed an alliance Tuesday with the aim of finding ways for farmers and others in the food industry to turn their industry's waste in biobased energy and carbon offset credits.
Microgy has a background in this area, building and managing facilities that produce renewable natural gas and other energy from food and animal waste. The company earns greenhouse gas production offset credits through carbon credit trading.
"Beyond producing clean, reliable energy, this technology may help our customers and business partners manage their waste and improve their bottom lines," says Eugenio Meschini, managing director of Cargill Emission Reductions Services.
Meschini speaks highly of Environmental Power Company's advanced anaerobic digestion technology, which extracts biogas from food waste.