ISSUE FOCUS 52 FEED & ADDITIVE MAGAZINE July 2024 "By focusing on scalability, cost-effectiveness, and transparency, additives such as Lome™ are set to make a major impact on methane reduction and help beef and dairy companies hit their climate goals. But beyond that, it's exciting to see more and more governments recognize and invest in feed additives." A new methane-reducing additive announced by Volta Greentech, promises cost-effective emission reduction for cows. Built on new R&D breakthroughs, Lome (gen 2) offers a low-cost, scalable solution, vastly outperforming Volta Greentech’s previously algae-based product and cutting the cost for greenhouse gas reductions by 10x. INTRODUCING A NEXT GENERATION ADDITIVE Volta Greentech’s new additive will enter the market in 2026, when the product is expected to receive approval from the European Commission. UK approval is expected shortly after. Although the team is keeping the specifics under wraps for now, there are already Letters of Intent (LOIs) secured from major European beef and dairy companies, who are eagerly anticipating its release. COST-EFFECTIVE AND TRANSPARENT PRICING Volta Greentech have chosen to price the additive based on tons of carbon reduced, as opposed to per ton of additive. This approach ensures transparency and allows customers, typically beef and dairy companies, to clearly understand the value they're getting. In an industry rife with dubious claims about emission reductions, this pricing model provides a straightforward way to purchase genuine impact. This new product is priced below the carbon price. This makes the Lome™ additive an obvious choice for forward-thinking businesses looking to reduce their carbon footprint cost-effectively. COLLABORATION AND POLICY ADVOCACY Several countries are already recognizing the potential of feed additives. Denmark, for instance, has committed €67 million specifically for feed additives and plans to implement a tax on agricultural emissions from 2027. In the UK, the Department for Environment, Food and Rural Affairs (DEFRA) has pledged to incentivize additives from as early as 2025, with an aim to mandate them by 2030. Similarly, Swedish authorities see additives as a key solution to tackling enteric methane. which accounts for 60% of the country's methane emissions. The climate transition plan, accessible at panorama-sverige. se, predicts 100% adoption of additives by 2045. NEXT GENERATION LOME: AN ADDITIVE FOR THE MASSES Cora Taylor Climate Policy Developer Volta Greentech
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