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Climate Tech

Why Green Ammonia Might Change The Carbon Footprint Of Agriculture

August 5, 2024
x min read
Green Ammonia Plant

Agriculture has an emissions problem. But, there is an ambitious new technology aiming to solve it: green ammonia.

What’s happening:

  • Ammonia is one of the most important chemical inputs for agricultural fertilizer, however the traditional production methods of ammonia rely heavily on fossil fuels and produce significant carbon dioxide emissions

The big idea:

  • Green ammonia is able to be produced without any carbon emissions through using hydrogen from water electrolysis and nitrogen separated from the air

Why it matters:

  • Finding a way to reduce the dependence on traditional ammonia production has the potential to drastically lower the amount of fossil fuels being used globally to manufacture agricultural fertilizer and also unlocks the potential to significantly decarbonize agriculture

Who is making moves:

By the numbers:

  • Traditional ammonia, which is often referred to as grey ammonia, produces approximately 420M tonnes of carbon dioxide annually
  • Grey ammonia consumes approximately 2% of all the fossil fuels produced globally
  • Nearly 80% of all ammonia produced is ultimately used for agriculture fertilizer

Going deeper:

  • FuelPositive’s modular green ammonia system represents a significant breakthrough in the production of green ammonia being able to happen directly on farms, which comes at an important time as the Canadian government has introduced new policies which are pushing agriculture operators to drastically reduce their carbon emissions in an effort to get closer to net zero
  • The transportation of grey ammonia is also extremely harmful to the environment, as during transfers to the end location ammonia frequently leaks into the atmosphere and it is commonly transported through gas powered commercial vehicles

The intrigue:

  • FuelPositive’s modular green ammonia system is also capable of leveraging renewable energy sources for the production of ammonia, which is a first of its kind technology breakthrough

Disclaimer

The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by FuelPositive for a media campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of FuelPositive without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.

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