(p. B11) Dominion Energy Inc. has struck a $200 million pact with a renewable energy producer and the Dairy Farmers of America Inc. to extract natural gas from cow manure.
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It is the latest venture between big livestock concerns and power producers aiming to generate pipeline-quality natural gas from animal waste. Doing so results in gas that is more expensive than that which has flooded the market from U.S. shale formations. So-called biogas, however, is in high demand among consumers, businesses and local governments eager to lower their emissions and earn environmental plaudits. It can generate valuable and tradable carbon offset credits for buyers, which can make producing biogas worthwhile for companies like Dominion.
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(Note: the online version of the story has the date December 11, 2019, and has the same title as the print version.)