Methane is 80 times more potent than CO2 — but solutions draw little investor interest
Carbon13 Venture from Cohort 2 in Cambridge Bluemethane is doing all it can to change that. In an article published on sifted.eu, the amazing career of the founders Louise Parlons Bentata and Néstor Rueda-Vallejo is highlighted. Here is an excerpt:
With most of the attention around curbing greenhouse gas emissions fixed on carbon dioxide, CO2’s less famous cousin has flown largely under the radar. But methane (CH4) — an odourless, colourless gas — has an alarmingly potent effect on the climate.
CH4 spends less time in the atmosphere than CO2: around 12 years, compared with centuries for carbon dioxide. The gas, however, has 80 times more warming effect during that time and is responsible for about 30% of the rise in temperatures since the Industrial Revolution. Reducing its presence could help prevent us from reaching critical climate tipping points.
But despite its potency, data suggests financing for methane-related tech represents less than 2% of global climate finance annually.