Methane, a common industry byproduct, is a greenhouse gas more potent than carbon dioxide. The White House recently announced it intends to reduce Methane emissions by as much as 90 million metric tons over the next six years.
The White House says methane emissions have actually seen an 11 percent decline since 1990, but it could turn into an increase unless action is taken. The Obama administration says it will increase to a level equivalent to over 620 million tons of carbon dioxide pollution in 2030 if additional action is not taken.
It intends to accelerate the reduction by regulating Landfills, Coal Mines, Agriculture, and the Oil and Gas industry. All of these sectors will either receive upgraded EPA standards or will be the subject of study by government agencies this year.
The U.S. Dairy sector has the clearest target, with a 25 percent reduction as its goal. Dairy cattle are a major contributor to greenhouse gas production, especially methane.
Celgene’s $500 Million Cancer Bet
Biotech company Celgene is working on an antibody that has shown to be useful in the mitigation of breast, bladder, and colon cancer. As it moves into human clinical trials, the company is going to skyrocket in value.