The Australian Government will support trials of new livestock feed technologies that may increase productivity will reducing emissions from cattle and sheep.
The Methane Emissions Reduction in Livestock (MERiL) grants program will provide grants of between $500,000 and $1.5 million to engage producers to assess the productivity and emissions benefits these technologies may deliver in the real world.
Minister for Energy and Emissions Reduction, Angus Taylor, said the Government wanted to see the agriculture industry achieve its goal of growing to $100 billion by 2030.
“Our approach to emissions reduction is technology not taxes,” Minister Taylor said.
“If we can get new technologies to cost parity – or ideally, even cheaper than existing approaches – we can reduce emissions without imposing new costs on households, businesses or the economy.”
“There is evidence that new feed technologies can increase productivity and reduce emissions.”
“But more work is needed to quantify those benefits and find ways to deliver those feed technologies to animals at low cost and in a way that makes sense for the way farmers currently manage their herds.”
Emissions from livestock are the largest source of greenhouse gas in the agriculture sector and make up around 10 per cent of Australia’s total annual emissions.
The MERiL program forms a part of the $95.4 million King Review Technology Co-Investment Fund.
The grants program opened on Monday, 24 May 2021. More information on the program and how to apply can be found at business.gov.au/MERiL