“Windfall uses ‘mems’ — methane-eating microbes. These naturally occurring microscopic organisms live in the soil and eat methane as food for survival. Much like yeast that eats sugar in bread and produces substances that make it rise, mems eat methane and produce fertilizer. They’re commonly found in soils and wetlands where decaying organic matter is present and methane is abundant. But mems will eat methane wherever they find it. That’s where Windfall comes in.
‘We provide those packets of mems, and then whoever has access to that methane can capture the methane themselves, turn it into fertilizer and create the value from it,’ said Josh Silverman, CEO of Windfall Bio.
‘Our customers can be farmers, they can be dairy farmers who have access to cows, and they need to make fertilizer themselves. But we also work with customers in the oil and gas space who have waste methane from their day to day operations. We can work with landfills and waste management.’
If a farmer is using the mems, they can turn around and use the fertilizer themselves. If it’s an oil producer or a landfill, Windfall will buy the fertilizer back from them, so they get paid for capturing methane.”
From CNBC.