{"version":"1.0.0","segments":[{"speaker":"Grant Gibson","startTime":3.633,"endTime":6.557,"body":"Renewable natural"},{"speaker":"Grant Gibson","startTime":3.633,"endTime":6.557,"body":"gas is very similar to natural gas."},{"speaker":"Grant Gibson","startTime":6.587,"endTime":9.777,"body":"When you put it, one unit of"},{"speaker":"Grant Gibson","startTime":6.587,"endTime":9.777,"body":"renewable natural gas side by side"},{"speaker":"Grant Gibson","startTime":9.777,"endTime":14.277,"body":"with conventional natural gas burns"},{"speaker":"Grant Gibson","startTime":9.777,"endTime":14.277,"body":"the same, has the same heat value."},{"speaker":"Grant Gibson","startTime":14.567,"endTime":18.047,"body":"The big difference with, with renewable"},{"speaker":"Grant Gibson","startTime":14.567,"endTime":18.047,"body":"natural gas is that you don't have"},{"speaker":"Grant Gibson","startTime":18.047,"endTime":21.697,"body":"the carbon emissions that you do"},{"speaker":"Grant Gibson","startTime":18.047,"endTime":21.697,"body":"with conventional natural gas, so,"},{"speaker":"Tom Raftery","startTime":21.867,"endTime":23.937,"body":"Good morning, good"},{"speaker":"Tom Raftery","startTime":21.867,"endTime":23.937,"body":"afternoon, or good evening,"},{"speaker":"Tom Raftery","startTime":23.947,"endTime":25.447,"body":"wherever you are in the world."},{"speaker":"Tom Raftery","startTime":25.767,"endTime":29.497,"body":"This is the Climate Confident"},{"speaker":"Tom Raftery","startTime":25.767,"endTime":29.497,"body":"podcast, the number one podcast"},{"speaker":"Tom Raftery","startTime":29.637,"endTime":33.407,"body":"showcasing best practices in climate"},{"speaker":"Tom Raftery","startTime":29.637,"endTime":33.407,"body":"emission reductions and removals."},{"speaker":"Tom Raftery","startTime":33.837,"endTime":35.777,"body":"And I'm your host, Tom Raftery."},{"speaker":"Tom Raftery","startTime":35.937,"endTime":39.697,"body":"Don't forget to click follow on this"},{"speaker":"Tom Raftery","startTime":35.937,"endTime":39.697,"body":"podcast in your podcast app of choice"},{"speaker":"Tom Raftery","startTime":39.857,"endTime":42.217,"body":"to be sure you don't miss any episodes."},{"speaker":"Tom Raftery","startTime":42.662,"endTime":43.232,"body":"Hi everyone."},{"speaker":"Tom Raftery","startTime":43.232,"endTime":46.532,"body":"And welcome to episode 164 of"},{"speaker":"Tom Raftery","startTime":43.232,"endTime":46.532,"body":"the climate confidence podcast."},{"speaker":"Tom Raftery","startTime":46.922,"endTime":50.372,"body":"My name is Tom Raftery, and I'm"},{"speaker":"Tom Raftery","startTime":46.922,"endTime":50.372,"body":"excited to be here with you today,"},{"speaker":"Tom Raftery","startTime":50.762,"endTime":54.842,"body":"sharing the latest insights and trends"},{"speaker":"Tom Raftery","startTime":50.762,"endTime":54.842,"body":"in climate emissions reductions."},{"speaker":"Tom Raftery","startTime":55.306,"endTime":58.036,"body":"Today, I'm talking to Grant"},{"speaker":"Tom Raftery","startTime":55.306,"endTime":58.036,"body":"Gibson the chief development"},{"speaker":"Tom Raftery","startTime":58.036,"endTime":59.506,"body":"officer with Synthica Energy."},{"speaker":"Tom Raftery","startTime":59.836,"endTime":64.756,"body":"And in upcoming episodes, I'll be talking"},{"speaker":"Tom Raftery","startTime":59.836,"endTime":64.756,"body":"to Johan Pretorious and Paul Rowatt from"},{"speaker":"Tom Raftery","startTime":65.356,"endTime":69.916,"body":"Carbon is Money, fascinating episode"},{"speaker":"Tom Raftery","startTime":65.356,"endTime":69.916,"body":"coming up next week, week after that"},{"speaker":"Tom Raftery","startTime":69.946,"endTime":73.786,"body":"Daniel Lawse from the Verdis group and"},{"speaker":"Tom Raftery","startTime":69.946,"endTime":73.786,"body":"the week after that Julia Saland from"},{"speaker":"Tom Raftery","startTime":74.176,"endTime":76.882,"body":"EcoVadis, but back to today's episode."},{"speaker":"Tom Raftery","startTime":76.882,"endTime":80.112,"body":"And as I said, my special guest"},{"speaker":"Tom Raftery","startTime":76.882,"endTime":80.112,"body":"on the show today is Grant"},{"speaker":"Tom Raftery","startTime":80.132,"endTime":81.992,"body":"Gibson from Synthica Energy."},{"speaker":"Tom Raftery","startTime":82.342,"endTime":84.212,"body":"Grant, welcome to the podcast."},{"speaker":"Tom Raftery","startTime":84.242,"endTime":85.862,"body":"Would you like to introduce yourself?"},{"speaker":"Grant Gibson","startTime":86.745,"endTime":88.375,"body":"Yeah,"},{"speaker":"Grant Gibson","startTime":86.745,"endTime":88.375,"body":"thanks, Tom, for having me."},{"speaker":"Grant Gibson","startTime":88.475,"endTime":92.605,"body":"I'm Grant Gibson Chief Development"},{"speaker":"Grant Gibson","startTime":88.475,"endTime":92.605,"body":"Officer with Synthica Energy."},{"speaker":"Tom Raftery","startTime":93.345,"endTime":94.055,"body":"Fantastic."},{"speaker":"Tom Raftery","startTime":94.465,"endTime":98.435,"body":"And who or what are"},{"speaker":"Tom Raftery","startTime":94.465,"endTime":98.435,"body":"Synthica Energy, Grant?"},{"speaker":"Grant Gibson","startTime":100.625,"endTime":104.035,"body":"Yeah, so Synthicate"},{"speaker":"Grant Gibson","startTime":100.625,"endTime":104.035,"body":"Energy is a developer of anaerobic"},{"speaker":"Grant Gibson","startTime":104.035,"endTime":107.535,"body":"digestion facilities focused in"},{"speaker":"Grant Gibson","startTime":104.035,"endTime":107.535,"body":"various markets across the U."},{"speaker":"Grant Gibson","startTime":107.535,"endTime":107.915,"body":"S."},{"speaker":"Grant Gibson","startTime":108.535,"endTime":112.125,"body":"We use different types of what"},{"speaker":"Grant Gibson","startTime":108.535,"endTime":112.125,"body":"I call industrial byproducts"},{"speaker":"Grant Gibson","startTime":112.135,"endTime":113.585,"body":"off of food and manufacturing."},{"speaker":"Grant Gibson","startTime":114.275,"endTime":118.085,"body":"Food and beverage manufacturing to"},{"speaker":"Grant Gibson","startTime":114.275,"endTime":118.085,"body":"where we use the byproducts from those"},{"speaker":"Grant Gibson","startTime":118.105,"endTime":122.235,"body":"processes and then run them through"},{"speaker":"Grant Gibson","startTime":118.105,"endTime":122.235,"body":"the anaerobic digestion process."},{"speaker":"Grant Gibson","startTime":122.705,"endTime":126.745,"body":"And on the backside of our plant, we"},{"speaker":"Grant Gibson","startTime":122.705,"endTime":126.745,"body":"end up producing renewable natural gas."},{"speaker":"Grant Gibson","startTime":127.175,"endTime":130.098,"body":"Renewable natural gas is"},{"speaker":"Grant Gibson","startTime":127.175,"endTime":130.098,"body":"very similar to natural gas."},{"speaker":"Grant Gibson","startTime":130.128,"endTime":133.318,"body":"When you put it, one unit of"},{"speaker":"Grant Gibson","startTime":130.128,"endTime":133.318,"body":"renewable natural gas side by side"},{"speaker":"Grant Gibson","startTime":133.318,"endTime":137.818,"body":"with conventional natural gas burns"},{"speaker":"Grant Gibson","startTime":133.318,"endTime":137.818,"body":"the same, has the same heat value."},{"speaker":"Grant Gibson","startTime":138.108,"endTime":141.588,"body":"The big difference with, with renewable"},{"speaker":"Grant Gibson","startTime":138.108,"endTime":141.588,"body":"natural gas is that you don't have"},{"speaker":"Grant Gibson","startTime":141.588,"endTime":145.238,"body":"the carbon emissions that you do"},{"speaker":"Grant Gibson","startTime":141.588,"endTime":145.238,"body":"with conventional natural gas, so,"},{"speaker":"Tom Raftery","startTime":145.308,"endTime":145.528,"body":"Yeah."},{"speaker":"Tom Raftery","startTime":145.598,"endTime":146.868,"body":"I mean, chemically, it's the same thing."},{"speaker":"Grant Gibson","startTime":148.478,"endTime":149.098,"body":"exactly."},{"speaker":"Grant Gibson","startTime":149.138,"endTime":149.818,"body":"Yes, it is."},{"speaker":"Tom Raftery","startTime":150.788,"endTime":151.058,"body":"Great."},{"speaker":"Tom Raftery","startTime":151.648,"endTime":151.828,"body":"Yeah."},{"speaker":"Tom Raftery","startTime":151.828,"endTime":154.208,"body":"It's just how you, how you create it."},{"speaker":"Tom Raftery","startTime":154.208,"endTime":154.418,"body":"Yeah."},{"speaker":"Tom Raftery","startTime":154.738,"endTime":155.008,"body":"Cool."},{"speaker":"Tom Raftery","startTime":155.548,"endTime":161.873,"body":"So walk me through a little bit, Grant,"},{"speaker":"Tom Raftery","startTime":155.548,"endTime":161.873,"body":"through the origin story of Synthica"},{"speaker":"Tom Raftery","startTime":161.873,"endTime":165.183,"body":"Energy, because as far as I understand,"},{"speaker":"Tom Raftery","startTime":161.873,"endTime":165.183,"body":"you're also a co founder, right?"},{"speaker":"Grant Gibson","startTime":166.688,"endTime":167.238,"body":"Yes, I am."},{"speaker":"Grant Gibson","startTime":167.238,"endTime":168.158,"body":"I'm a co founder."},{"speaker":"Grant Gibson","startTime":168.518,"endTime":173.088,"body":"So my business partner, Sam"},{"speaker":"Grant Gibson","startTime":168.518,"endTime":173.088,"body":"and I started it back in 2017."},{"speaker":"Grant Gibson","startTime":173.708,"endTime":176.398,"body":"Sam and I've known each"},{"speaker":"Grant Gibson","startTime":173.708,"endTime":176.398,"body":"other for 20 plus years."},{"speaker":"Grant Gibson","startTime":176.818,"endTime":180.278,"body":"We've been friends, share love"},{"speaker":"Grant Gibson","startTime":176.818,"endTime":180.278,"body":"for the outdoors, rock climbing,"},{"speaker":"Grant Gibson","startTime":180.278,"endTime":182.108,"body":"backpacking, you name it."},{"speaker":"Grant Gibson","startTime":182.758,"endTime":187.648,"body":"We reconnected as friends, as many"},{"speaker":"Grant Gibson","startTime":182.758,"endTime":187.648,"body":"people know, when you have kids and"},{"speaker":"Grant Gibson","startTime":187.988,"endTime":190.928,"body":"sometimes you part ways with friends"},{"speaker":"Grant Gibson","startTime":187.988,"endTime":190.928,"body":"and then you come back to the middle"},{"speaker":"Grant Gibson","startTime":190.928,"endTime":194.908,"body":"of the road and you reconnect and you"},{"speaker":"Grant Gibson","startTime":190.928,"endTime":194.908,"body":"find out what they've been doing and"},{"speaker":"Grant Gibson","startTime":194.908,"endTime":197.838,"body":"then they find out what you've been"},{"speaker":"Grant Gibson","startTime":194.908,"endTime":197.838,"body":"doing and vice versa and, and etc."},{"speaker":"Grant Gibson","startTime":197.838,"endTime":204.275,"body":"So,  we reconnected as friends back"},{"speaker":"Grant Gibson","startTime":197.838,"endTime":204.275,"body":"in late 2016, early 2017 and, and we"},{"speaker":"Grant Gibson","startTime":204.275,"endTime":208.14,"body":"really got together and said, hey,"},{"speaker":"Grant Gibson","startTime":204.275,"endTime":208.14,"body":"look, you've worked in businesses with"},{"speaker":"Grant Gibson","startTime":208.14,"endTime":213.12,"body":"me and I've worked in your businesses"},{"speaker":"Grant Gibson","startTime":208.14,"endTime":213.12,"body":"as well and we, we really just agreed"},{"speaker":"Grant Gibson","startTime":213.12,"endTime":214.6,"body":"that we wanted to build something cool."},{"speaker":"Grant Gibson","startTime":214.96,"endTime":218.36,"body":"And I literally jokingly said,"},{"speaker":"Grant Gibson","startTime":214.96,"endTime":218.36,"body":"oh, we should build a digester."},{"speaker":"Grant Gibson","startTime":218.73,"endTime":220.31,"body":"And he said, well, what's that?"},{"speaker":"Grant Gibson","startTime":220.36,"endTime":223.83,"body":"And I'm like, well, and I explained it"},{"speaker":"Grant Gibson","startTime":220.36,"endTime":223.83,"body":"and I said, no, it's a terrible idea."},{"speaker":"Grant Gibson","startTime":223.9,"endTime":228.34,"body":"Literally, that's what I said"},{"speaker":"Grant Gibson","startTime":223.9,"endTime":228.34,"body":"to him because it's a tremendous"},{"speaker":"Grant Gibson","startTime":228.34,"endTime":230.43,"body":"amount of work, complex, et cetera."},{"speaker":"Grant Gibson","startTime":230.86,"endTime":236.515,"body":"and we actually started down"},{"speaker":"Grant Gibson","startTime":230.86,"endTime":236.515,"body":"the path of reaching back out to"},{"speaker":"Grant Gibson","startTime":236.515,"endTime":240.545,"body":"customers that I had from a past"},{"speaker":"Grant Gibson","startTime":236.515,"endTime":240.545,"body":"career in commercial composting."},{"speaker":"Grant Gibson","startTime":240.545,"endTime":246.205,"body":"And from there we started to"},{"speaker":"Grant Gibson","startTime":240.545,"endTime":246.205,"body":"continue to work more and more on it."},{"speaker":"Grant Gibson","startTime":247.585,"endTime":251.615,"body":"He already had a the brand Synthica"},{"speaker":"Grant Gibson","startTime":247.585,"endTime":251.615,"body":"sitting around because he wanted to do"},{"speaker":"Grant Gibson","startTime":251.615,"endTime":254.645,"body":"something in, in really synthetic fuels."},{"speaker":"Grant Gibson","startTime":254.925,"endTime":259.885,"body":"So the name Synthica was around and we got"},{"speaker":"Grant Gibson","startTime":254.925,"endTime":259.885,"body":"to a point where we both said, all right,"},{"speaker":"Grant Gibson","startTime":259.885,"endTime":261.445,"body":"we kind of need a brand name for this."},{"speaker":"Grant Gibson","startTime":261.445,"endTime":263.815,"body":"And he's like, well, I"},{"speaker":"Grant Gibson","startTime":261.445,"endTime":263.815,"body":"got this website parked."},{"speaker":"Grant Gibson","startTime":263.825,"endTime":264.765,"body":"It's called Synthica."},{"speaker":"Grant Gibson","startTime":264.795,"endTime":265.655,"body":"What do you think about that?"},{"speaker":"Grant Gibson","startTime":265.675,"endTime":266.715,"body":"I'm like, yeah, that sounds fine."},{"speaker":"Grant Gibson","startTime":266.715,"endTime":267.365,"body":"Let's use it."},{"speaker":"Grant Gibson","startTime":268.055,"endTime":273.045,"body":"And so then fast forward we, again,"},{"speaker":"Grant Gibson","startTime":268.055,"endTime":273.045,"body":"more and more work was put into it."},{"speaker":"Grant Gibson","startTime":273.33,"endTime":276.9,"body":"We raised some seed money to get the"},{"speaker":"Grant Gibson","startTime":273.33,"endTime":276.9,"body":"the permit to install from the state"},{"speaker":"Grant Gibson","startTime":276.9,"endTime":280.57,"body":"of Ohio EPA for a Cincinnati facility."},{"speaker":"Grant Gibson","startTime":280.78,"endTime":285.8,"body":"And then we went through and formed"},{"speaker":"Grant Gibson","startTime":280.78,"endTime":285.8,"body":"a JV with a natural gas utility"},{"speaker":"Grant Gibson","startTime":285.8,"endTime":289.55,"body":"out of Pennsylvania called UGI"},{"speaker":"Grant Gibson","startTime":285.8,"endTime":289.55,"body":"that helped get the Cincinnati"},{"speaker":"Grant Gibson","startTime":289.55,"endTime":290.82,"body":"facility up and off the ground."},{"speaker":"Grant Gibson","startTime":291.445,"endTime":295.975,"body":"At that point in time, we said, wow,"},{"speaker":"Grant Gibson","startTime":291.445,"endTime":295.975,"body":"could we really, could we do this across"},{"speaker":"Grant Gibson","startTime":296.005,"endTime":302.005,"body":"other markets, meaning Atlanta, Houston,"},{"speaker":"Grant Gibson","startTime":296.005,"endTime":302.005,"body":"San Antonio other markets across the U."},{"speaker":"Grant Gibson","startTime":302.005,"endTime":302.355,"body":"S."},{"speaker":"Grant Gibson","startTime":302.355,"endTime":304.555,"body":"And and the answer was yes."},{"speaker":"Grant Gibson","startTime":304.575,"endTime":308.745,"body":"We ended up finding out there was a"},{"speaker":"Grant Gibson","startTime":304.575,"endTime":308.745,"body":"big need for the, the type of service"},{"speaker":"Grant Gibson","startTime":308.755,"endTime":310.305,"body":"that anaerobic digestion provides."},{"speaker":"Grant Gibson","startTime":310.305,"endTime":314.545,"body":"And so we started working in other"},{"speaker":"Grant Gibson","startTime":310.305,"endTime":314.545,"body":"markets and going after permits and and"},{"speaker":"Grant Gibson","startTime":314.545,"endTime":315.915,"body":"yeah, that's a little bit of the story."},{"speaker":"Grant Gibson","startTime":315.915,"endTime":320.305,"body":"And through today, we recently"},{"speaker":"Grant Gibson","startTime":315.915,"endTime":320.305,"body":"became we did a big equity investment"},{"speaker":"Grant Gibson","startTime":320.305,"endTime":322.145,"body":"with Goldman Sachs last August"},{"speaker":"Grant Gibson","startTime":322.465,"endTime":327.345,"body":"which really has allowed us to grow the"},{"speaker":"Grant Gibson","startTime":322.465,"endTime":327.345,"body":"company, not only people wise, but also"},{"speaker":"Grant Gibson","startTime":327.345,"endTime":331.815,"body":"fund the projects that we have on deck"},{"speaker":"Grant Gibson","startTime":327.345,"endTime":331.815,"body":"to be built this year and into next year."},{"speaker":"Tom Raftery","startTime":332.49,"endTime":333.21,"body":"Fantastic."},{"speaker":"Tom Raftery","startTime":333.48,"endTime":334.39,"body":"Congratulations."},{"speaker":"Grant Gibson","startTime":335.515,"endTime":335.735,"body":"Thank"},{"speaker":"Tom Raftery","startTime":335.87,"endTime":338.38,"body":"why why anaerobic digestion?"},{"speaker":"Tom Raftery","startTime":338.38,"endTime":342.53,"body":"I mean, that's not one that, you"},{"speaker":"Tom Raftery","startTime":338.38,"endTime":342.53,"body":"know, instantly comes to mind."},{"speaker":"Tom Raftery","startTime":342.53,"endTime":346.02,"body":"What was it that interested"},{"speaker":"Tom Raftery","startTime":342.53,"endTime":346.02,"body":"you in anaerobic digestion?"},{"speaker":"Grant Gibson","startTime":346.595,"endTime":351.605,"body":"Yeah, so during my career"},{"speaker":"Grant Gibson","startTime":346.595,"endTime":351.605,"body":"as a commercial composter I met folks at"},{"speaker":"Grant Gibson","startTime":351.605,"endTime":356.905,"body":"Procter Gamble and during that time when"},{"speaker":"Grant Gibson","startTime":351.605,"endTime":356.905,"body":"we got to talking about the feedstocks or"},{"speaker":"Grant Gibson","startTime":356.905,"endTime":360.665,"body":"the waste streams that I was composting,"},{"speaker":"Grant Gibson","startTime":356.905,"endTime":360.665,"body":"and when I talk about composting, I was"},{"speaker":"Grant Gibson","startTime":360.665,"endTime":366.025,"body":"doing it at a commercial scale, we were"},{"speaker":"Grant Gibson","startTime":360.665,"endTime":366.025,"body":"taking in on our peak, 250, 300 tons a day"},{"speaker":"Grant Gibson","startTime":366.025,"endTime":371.145,"body":"of all different types of food byproducts,"},{"speaker":"Grant Gibson","startTime":366.025,"endTime":371.145,"body":"paper sludge, yard waste, and so, they"},{"speaker":"Grant Gibson","startTime":371.145,"endTime":374.585,"body":"came to me and they said, Hey, you've got"},{"speaker":"Grant Gibson","startTime":371.145,"endTime":374.585,"body":"these feedstocks that are coming in the"},{"speaker":"Grant Gibson","startTime":374.585,"endTime":376.815,"body":"door that you're managing and composting."},{"speaker":"Grant Gibson","startTime":377.235,"endTime":379.125,"body":"We've got a business center up the road."},{"speaker":"Grant Gibson","startTime":379.895,"endTime":382.375,"body":"We'd love to build a digester"},{"speaker":"Grant Gibson","startTime":379.895,"endTime":382.375,"body":"on your compost site."},{"speaker":"Grant Gibson","startTime":382.545,"endTime":387.23,"body":"And then use the same feedstocks to"},{"speaker":"Grant Gibson","startTime":382.545,"endTime":387.23,"body":"power the digester, feed the digester,"},{"speaker":"Grant Gibson","startTime":387.23,"endTime":393.1,"body":"and then we'll pipe the gas up to our"},{"speaker":"Grant Gibson","startTime":387.23,"endTime":393.1,"body":"business center pipe the renewable natural"},{"speaker":"Grant Gibson","startTime":393.1,"endTime":398.34,"body":"gas up to our business center, and so"},{"speaker":"Grant Gibson","startTime":393.1,"endTime":398.34,"body":"that's really where the idea was born."},{"speaker":"Grant Gibson","startTime":399.6,"endTime":405.01,"body":"It didn't come to fruition obviously"},{"speaker":"Grant Gibson","startTime":399.6,"endTime":405.01,"body":"but that idea stuck with me and then"},{"speaker":"Grant Gibson","startTime":405.01,"endTime":408.54,"body":"that's when Sam and I reconnected and"},{"speaker":"Grant Gibson","startTime":405.01,"endTime":408.54,"body":"the idea was kind of lingering in the"},{"speaker":"Grant Gibson","startTime":408.55,"endTime":412.75,"body":"back of my mind of what is something that"},{"speaker":"Grant Gibson","startTime":408.55,"endTime":412.75,"body":"that is pretty darn cool at the end of"},{"speaker":"Grant Gibson","startTime":412.78,"endTime":414.46,"body":"the day that we could build together."},{"speaker":"Grant Gibson","startTime":414.55,"endTime":417.83,"body":"When he and I started on that"},{"speaker":"Grant Gibson","startTime":414.55,"endTime":417.83,"body":"journey, we really, it, it"},{"speaker":"Grant Gibson","startTime":417.83,"endTime":419.22,"body":"was truly just a pipe dream."},{"speaker":"Grant Gibson","startTime":419.52,"endTime":422.5,"body":"I mean, we didn't really think it was"},{"speaker":"Grant Gibson","startTime":419.52,"endTime":422.5,"body":"going to take off to where it is today."},{"speaker":"Tom Raftery","startTime":423.715,"endTime":427.07,"body":"And, when you initially"},{"speaker":"Tom Raftery","startTime":423.715,"endTime":427.07,"body":"said to him it was a terrible"},{"speaker":"Tom Raftery","startTime":427.07,"endTime":429.24,"body":"idea, why did you say that?"},{"speaker":"Grant Gibson","startTime":429.74,"endTime":432.766,"body":"I, I joke and I say"},{"speaker":"Grant Gibson","startTime":429.74,"endTime":432.766,"body":"we're, we figure out some of the"},{"speaker":"Grant Gibson","startTime":432.766,"endTime":436.606,"body":"most complicated puzzles that could"},{"speaker":"Grant Gibson","startTime":432.766,"endTime":436.606,"body":"ever be put in front of someone."},{"speaker":"Grant Gibson","startTime":437.076,"endTime":440.616,"body":"Because with an anaerobic digester,"},{"speaker":"Grant Gibson","startTime":437.076,"endTime":440.616,"body":"you have to figure out and, and"},{"speaker":"Grant Gibson","startTime":441.276,"endTime":444.586,"body":"we learned a lot from touring"},{"speaker":"Grant Gibson","startTime":441.276,"endTime":444.586,"body":"other digester sites in the U."},{"speaker":"Grant Gibson","startTime":444.586,"endTime":445.016,"body":"S."},{"speaker":"Grant Gibson","startTime":445.616,"endTime":450.031,"body":"And so when you take the complexity of"},{"speaker":"Grant Gibson","startTime":445.616,"endTime":450.031,"body":"learning what's worked and what didn't"},{"speaker":"Grant Gibson","startTime":450.031,"endTime":451.881,"body":"work for other digesters across the U."},{"speaker":"Grant Gibson","startTime":451.881,"endTime":455.521,"body":"S., and not to mention that"},{"speaker":"Grant Gibson","startTime":451.881,"endTime":455.521,"body":"there's not a large number of"},{"speaker":"Grant Gibson","startTime":455.601,"endTime":457.271,"body":"anaerobic digesters across the U."},{"speaker":"Grant Gibson","startTime":457.271,"endTime":457.431,"body":"S."},{"speaker":"Grant Gibson","startTime":457.431,"endTime":463.501,"body":"So, in comparison to, say, for example,"},{"speaker":"Grant Gibson","startTime":457.431,"endTime":463.501,"body":"in Europe, where when you look at the"},{"speaker":"Grant Gibson","startTime":463.501,"endTime":468.351,"body":"complexities associated with anaerobic"},{"speaker":"Grant Gibson","startTime":463.501,"endTime":468.351,"body":"digesters, we set out, and when I say"},{"speaker":"Grant Gibson","startTime":468.361,"endTime":475.321,"body":"we, Sam and I set out to, to locate these"},{"speaker":"Grant Gibson","startTime":468.361,"endTime":475.321,"body":"digesters in heavy industrial areas,"},{"speaker":"Grant Gibson","startTime":475.731,"endTime":480.771,"body":"and so when you couple that with finding"},{"speaker":"Grant Gibson","startTime":475.731,"endTime":480.771,"body":"the right zoning, finding an area where"},{"speaker":"Grant Gibson","startTime":480.771,"endTime":486.681,"body":"you can, a, a, a property that you can"},{"speaker":"Grant Gibson","startTime":480.771,"endTime":486.681,"body":"inject the renewable natural gas, and"},{"speaker":"Grant Gibson","startTime":486.681,"endTime":489.341,"body":"then also have access to industrial sewer."},{"speaker":"Grant Gibson","startTime":489.531,"endTime":491.661,"body":"So we do produce a"},{"speaker":"Grant Gibson","startTime":489.531,"endTime":491.661,"body":"wastewater on the backside."},{"speaker":"Grant Gibson","startTime":491.661,"endTime":496.851,"body":"So, so zoning an interconnector where"},{"speaker":"Grant Gibson","startTime":491.661,"endTime":496.851,"body":"you can inject the gas industrial"},{"speaker":"Grant Gibson","startTime":496.851,"endTime":501.111,"body":"sewer, and then concentration of, of"},{"speaker":"Grant Gibson","startTime":496.851,"endTime":501.111,"body":"nearby food and beverage manufacturing."},{"speaker":"Grant Gibson","startTime":501.893,"endTime":506.813,"body":"And then not to mention also"},{"speaker":"Grant Gibson","startTime":501.893,"endTime":506.813,"body":"just the ability to the access of"},{"speaker":"Grant Gibson","startTime":507.253,"endTime":510.393,"body":"basically truck traffic getting"},{"speaker":"Grant Gibson","startTime":507.253,"endTime":510.393,"body":"in and out of your location."},{"speaker":"Grant Gibson","startTime":511.453,"endTime":515.283,"body":"You take all of those and you say, all"},{"speaker":"Grant Gibson","startTime":511.453,"endTime":515.283,"body":"right, how many properties do you have"},{"speaker":"Grant Gibson","startTime":515.313,"endTime":517.183,"body":"at your fingertips or what's available?"},{"speaker":"Grant Gibson","startTime":517.603,"endTime":520.163,"body":"It becomes a very,"},{"speaker":"Grant Gibson","startTime":517.603,"endTime":520.163,"body":"very, very small number."},{"speaker":"Grant Gibson","startTime":520.483,"endTime":525.918,"body":"And so, figuring out all those parts"},{"speaker":"Grant Gibson","startTime":520.483,"endTime":525.918,"body":"and pieces, then not to mention the fact"},{"speaker":"Grant Gibson","startTime":525.918,"endTime":529.188,"body":"that most utilities that you approach"},{"speaker":"Grant Gibson","startTime":525.918,"endTime":529.188,"body":"and say, Hey, I'm going to build an"},{"speaker":"Grant Gibson","startTime":529.188,"endTime":531.508,"body":"anaerobic digester in your footprint."},{"speaker":"Grant Gibson","startTime":531.778,"endTime":535.978,"body":"And oh, by the way, I want to inject"},{"speaker":"Grant Gibson","startTime":531.778,"endTime":535.978,"body":"this thing called renewable natural"},{"speaker":"Grant Gibson","startTime":535.978,"endTime":538.118,"body":"gas into your natural gas pipelines."},{"speaker":"Grant Gibson","startTime":538.548,"endTime":540.098,"body":"And they say, hold on, time out."},{"speaker":"Grant Gibson","startTime":540.768,"endTime":543.498,"body":"This is a first of its kind"},{"speaker":"Grant Gibson","startTime":540.768,"endTime":543.498,"body":"project in our footprint."},{"speaker":"Grant Gibson","startTime":543.973,"endTime":548.393,"body":"We're going to have to think about"},{"speaker":"Grant Gibson","startTime":543.973,"endTime":548.393,"body":"that or go ask 50 different advisors"},{"speaker":"Grant Gibson","startTime":548.393,"endTime":553.173,"body":"and consultants and you name it"},{"speaker":"Grant Gibson","startTime":548.393,"endTime":553.173,"body":"in order to say that, okay, as a"},{"speaker":"Grant Gibson","startTime":553.173,"endTime":554.903,"body":"utility, we're comfortable with it."},{"speaker":"Grant Gibson","startTime":555.263,"endTime":559.433,"body":"A lot has changed in the last, call"},{"speaker":"Grant Gibson","startTime":555.263,"endTime":559.433,"body":"it five to seven years as far as"},{"speaker":"Grant Gibson","startTime":559.443,"endTime":561.243,"body":"utilities being comfortable with it."},{"speaker":"Grant Gibson","startTime":561.253,"endTime":567.638,"body":"But again, there are so many complexities"},{"speaker":"Grant Gibson","startTime":561.253,"endTime":567.638,"body":"associated with locating in a heavy"},{"speaker":"Grant Gibson","startTime":567.638,"endTime":571.528,"body":"industrial area to where it's convenient"},{"speaker":"Grant Gibson","startTime":567.638,"endTime":571.528,"body":"for food and beverage manufacturers"},{"speaker":"Grant Gibson","startTime":571.528,"endTime":575.258,"body":"to where they're not driving their"},{"speaker":"Grant Gibson","startTime":571.528,"endTime":575.258,"body":"byproducts or their waste long distances."},{"speaker":"Grant Gibson","startTime":575.258,"endTime":578.728,"body":"So, yeah, that's where I joke"},{"speaker":"Grant Gibson","startTime":575.258,"endTime":578.728,"body":"and say it was a terrible idea."},{"speaker":"Grant Gibson","startTime":578.788,"endTime":582.908,"body":"We, I said it's a terrible idea"},{"speaker":"Grant Gibson","startTime":578.788,"endTime":582.908,"body":"because just the number of complexities"},{"speaker":"Grant Gibson","startTime":582.908,"endTime":584.988,"body":"associated with that type of facility."},{"speaker":"Tom Raftery","startTime":586.143,"endTime":586.553,"body":"okay."},{"speaker":"Tom Raftery","startTime":587.003,"endTime":592.543,"body":"And walk me through then what"},{"speaker":"Tom Raftery","startTime":587.003,"endTime":592.543,"body":"it is you guys are doing."},{"speaker":"Tom Raftery","startTime":592.883,"endTime":599.363,"body":"You're taking waste products from"},{"speaker":"Tom Raftery","startTime":592.883,"endTime":599.363,"body":"industry, digesting it anaerobically,"},{"speaker":"Tom Raftery","startTime":600.773,"endTime":607.603,"body":"creating gas, plus, as you mentioned,"},{"speaker":"Tom Raftery","startTime":600.773,"endTime":607.603,"body":"water, plus there's obviously some"},{"speaker":"Tom Raftery","startTime":607.613,"endTime":609.303,"body":"solid matter left over at the end."},{"speaker":"Tom Raftery","startTime":609.913,"endTime":614.513,"body":"Who are the customers for those, I"},{"speaker":"Tom Raftery","startTime":609.913,"endTime":614.513,"body":"don't know, one, two, three products?"},{"speaker":"Tom Raftery","startTime":614.803,"endTime":619.753,"body":"And who is it you're typically"},{"speaker":"Tom Raftery","startTime":614.803,"endTime":619.753,"body":"buying the stock from, feedstock?"},{"speaker":"Grant Gibson","startTime":621.073,"endTime":624.503,"body":"Yeah, so I'll start"},{"speaker":"Grant Gibson","startTime":621.073,"endTime":624.503,"body":"with that, that last piece first."},{"speaker":"Grant Gibson","startTime":652.033,"endTime":652.783,"body":"In the U."},{"speaker":"Grant Gibson","startTime":652.783,"endTime":652.9630000000001,"body":"S."},{"speaker":"Grant Gibson","startTime":652.9630000000001,"endTime":653.9430000000001,"body":"it's a little different."},{"speaker":"Grant Gibson","startTime":654.023,"endTime":658.2030000000001,"body":"We actually get paid to take, we actually"},{"speaker":"Grant Gibson","startTime":654.023,"endTime":658.2030000000001,"body":"have a tipping fee for the waste streams."},{"speaker":"Grant Gibson","startTime":658.5830000000001,"endTime":663.23,"body":"So, a little different there where"},{"speaker":"Grant Gibson","startTime":658.5830000000001,"endTime":663.23,"body":"let's say if you're a beverage"},{"speaker":"Grant Gibson","startTime":663.23,"endTime":667.8950000000001,"body":"producer, let's say a brewery, and"},{"speaker":"Grant Gibson","startTime":663.23,"endTime":667.8950000000001,"body":"you have a spent yeast waste stream"},{"speaker":"Grant Gibson","startTime":667.8950000000001,"endTime":669.3850000000001,"body":"that comes off of your brewery."},{"speaker":"Grant Gibson","startTime":669.605,"endTime":672.735,"body":"Not necessarily the spent grains"},{"speaker":"Grant Gibson","startTime":669.605,"endTime":672.735,"body":"because spent grains are typically"},{"speaker":"Grant Gibson","startTime":672.735,"endTime":674.0350000000001,"body":"going out for animal feed."},{"speaker":"Grant Gibson","startTime":674.475,"endTime":678.1350000000001,"body":"Or it's the spent yeast, so it's like"},{"speaker":"Grant Gibson","startTime":674.475,"endTime":678.1350000000001,"body":"the yeast, the hops, water, other"},{"speaker":"Grant Gibson","startTime":678.585,"endTime":680.875,"body":"byproducts of the brewing process."},{"speaker":"Grant Gibson","startTime":681.365,"endTime":686.73,"body":"The brewer is actually able to send"},{"speaker":"Grant Gibson","startTime":681.365,"endTime":686.73,"body":"that to us in a tanker truck where They"},{"speaker":"Grant Gibson","startTime":686.73,"endTime":688.5300000000001,"body":"offload it straight into the process."},{"speaker":"Grant Gibson","startTime":688.94,"endTime":691.0200000000001,"body":"We get paid a tipping fee per gallon."},{"speaker":"Grant Gibson","startTime":691.44,"endTime":694.23,"body":"Now, if we look at the back, what I call"},{"speaker":"Grant Gibson","startTime":691.44,"endTime":694.23,"body":"the backside of the plant, to your point,"},{"speaker":"Grant Gibson","startTime":694.24,"endTime":699.08,"body":"Tom, around So, when there, when the,"},{"speaker":"Grant Gibson","startTime":694.24,"endTime":699.08,"body":"the, the waste, I'll call it a heavy"},{"speaker":"Grant Gibson","startTime":699.08,"endTime":700.69,"body":"waste water comes out of the plant."},{"speaker":"Grant Gibson","startTime":701.08,"endTime":703.9250000000001,"body":"And when I say heavy, meaning"},{"speaker":"Grant Gibson","startTime":701.08,"endTime":703.9250000000001,"body":"it's mixed with, to your point,"},{"speaker":"Grant Gibson","startTime":703.9250000000001,"endTime":706.2550000000001,"body":"solids we call it a digestate."},{"speaker":"Grant Gibson","startTime":706.6450000000001,"endTime":711.365,"body":"So, it's a solids and a liquid mix, so"},{"speaker":"Grant Gibson","startTime":706.6450000000001,"endTime":711.365,"body":"it's a slurry almost where it comes out."},{"speaker":"Grant Gibson","startTime":711.365,"endTime":716.375,"body":"We've harvested all the energy off of"},{"speaker":"Grant Gibson","startTime":711.365,"endTime":716.375,"body":"it anaerobically to where we're left"},{"speaker":"Grant Gibson","startTime":716.375,"endTime":719.61,"body":"with this super high nutrient digestate."},{"speaker":"Grant Gibson","startTime":719.8000000000001,"endTime":723.62,"body":"We actually take it from there"},{"speaker":"Grant Gibson","startTime":719.8000000000001,"endTime":723.62,"body":"and, and centrifuge out the solids."},{"speaker":"Grant Gibson","startTime":724.0,"endTime":727.6500000000001,"body":"And that's again what I mentioned earlier"},{"speaker":"Grant Gibson","startTime":724.0,"endTime":727.6500000000001,"body":"about learning a lot of lessons along"},{"speaker":"Grant Gibson","startTime":727.6500000000001,"endTime":729.95,"body":"the way with all the different digesters."},{"speaker":"Grant Gibson","startTime":730.2800000000001,"endTime":732.99,"body":"We centrifuge out the solids, so"},{"speaker":"Grant Gibson","startTime":730.2800000000001,"endTime":732.99,"body":"we spin it out, think of it like"},{"speaker":"Grant Gibson","startTime":732.99,"endTime":735.7600000000001,"body":"your washing machine where it's"},{"speaker":"Grant Gibson","startTime":732.99,"endTime":735.7600000000001,"body":"spinning, sending all the liquid"},{"speaker":"Grant Gibson","startTime":735.7700000000001,"endTime":737.62,"body":"out, keeping your clothes inside."},{"speaker":"Grant Gibson","startTime":738.0500000000001,"endTime":740.57,"body":"We actually take the"},{"speaker":"Grant Gibson","startTime":738.0500000000001,"endTime":740.57,"body":"solids from the centrifuge."},{"speaker":"Grant Gibson","startTime":740.9250000000001,"endTime":743.1650000000001,"body":"And then send that out"},{"speaker":"Grant Gibson","startTime":740.9250000000001,"endTime":743.1650000000001,"body":"to beneficial reuse."},{"speaker":"Grant Gibson","startTime":743.205,"endTime":747.1650000000001,"body":"Everybody from composters to soil"},{"speaker":"Grant Gibson","startTime":743.205,"endTime":747.1650000000001,"body":"manufacturers, that kind of thing."},{"speaker":"Grant Gibson","startTime":747.1750000000001,"endTime":749.7850000000001,"body":"So it's a a much smaller volume."},{"speaker":"Grant Gibson","startTime":750.085,"endTime":753.1850000000001,"body":"More dense, more of a solid"},{"speaker":"Grant Gibson","startTime":750.085,"endTime":753.1850000000001,"body":"kind of, we call it a cake."},{"speaker":"Grant Gibson","startTime":753.465,"endTime":756.1750000000001,"body":"To where we're able to send"},{"speaker":"Grant Gibson","startTime":753.465,"endTime":756.1750000000001,"body":"that out for beneficial reuse."},{"speaker":"Grant Gibson","startTime":756.6450000000001,"endTime":759.0050000000001,"body":"Then the liquid fraction,"},{"speaker":"Grant Gibson","startTime":756.6450000000001,"endTime":759.0050000000001,"body":"what we call the effluent."},{"speaker":"Grant Gibson","startTime":759.87,"endTime":764.32,"body":"We have on site pre treatment, so we take"},{"speaker":"Grant Gibson","startTime":759.87,"endTime":764.32,"body":"it from a, call it a higher strength,"},{"speaker":"Grant Gibson","startTime":764.32,"endTime":768.72,"body":"and we knock it down to what I'll call"},{"speaker":"Grant Gibson","startTime":764.32,"endTime":768.72,"body":"household sewage strength, and then from"},{"speaker":"Grant Gibson","startTime":768.72,"endTime":770.5,"body":"there we discharge straight to sewer."},{"speaker":"Grant Gibson","startTime":772.32,"endTime":775.99,"body":"Sewer districts don't like"},{"speaker":"Grant Gibson","startTime":772.32,"endTime":775.99,"body":"super high organic loaded waste"},{"speaker":"Grant Gibson","startTime":775.99,"endTime":777.5300000000001,"body":"streams, liquid waste streams."},{"speaker":"Grant Gibson","startTime":778.4000000000001,"endTime":782.3000000000001,"body":"So through our process, we're"},{"speaker":"Grant Gibson","startTime":778.4000000000001,"endTime":782.3000000000001,"body":"knocking down that high strength"},{"speaker":"Grant Gibson","startTime":782.3000000000001,"endTime":786.37,"body":"organics all the way down to"},{"speaker":"Grant Gibson","startTime":782.3000000000001,"endTime":786.37,"body":"very, very, very small numbers."},{"speaker":"Grant Gibson","startTime":787.3000000000001,"endTime":791.98,"body":"And then also we knock it down from a"},{"speaker":"Grant Gibson","startTime":787.3000000000001,"endTime":791.98,"body":"higher strength in a different sense to"},{"speaker":"Grant Gibson","startTime":791.98,"endTime":795.5,"body":"where it's more that household sewage"},{"speaker":"Grant Gibson","startTime":791.98,"endTime":795.5,"body":"to where the local sewer districts"},{"speaker":"Grant Gibson","startTime":795.5300000000001,"endTime":799.95,"body":"absolutely love that type of material,"},{"speaker":"Grant Gibson","startTime":795.5300000000001,"endTime":799.95,"body":"that waste coming down the drain."},{"speaker":"Grant Gibson","startTime":800.5500000000001,"endTime":805.34,"body":"So that's how we, we offload that,"},{"speaker":"Grant Gibson","startTime":800.5500000000001,"endTime":805.34,"body":"that solid fraction of the digestate,"},{"speaker":"Grant Gibson","startTime":805.35,"endTime":810.5300000000001,"body":"the liquid fraction, and then the"},{"speaker":"Grant Gibson","startTime":805.35,"endTime":810.5300000000001,"body":"gas piece of it, we generate two"},{"speaker":"Grant Gibson","startTime":810.5300000000001,"endTime":813.0300000000001,"body":"different, call it products there."},{"speaker":"Grant Gibson","startTime":813.0400000000001,"endTime":816.1400000000001,"body":"One is the actual physical"},{"speaker":"Grant Gibson","startTime":813.0400000000001,"endTime":816.1400000000001,"body":"gas, the molecules."},{"speaker":"Grant Gibson","startTime":816.5300000000001,"endTime":821.46,"body":"So, we send it out to whether it's"},{"speaker":"Grant Gibson","startTime":816.5300000000001,"endTime":821.46,"body":"a marketer, whether it's a marketer"},{"speaker":"Grant Gibson","startTime":821.46,"endTime":826.1800000000001,"body":"of natural gas it's traded just"},{"speaker":"Grant Gibson","startTime":821.46,"endTime":826.1800000000001,"body":"like traditional, what's in the"},{"speaker":"Grant Gibson","startTime":826.1800000000001,"endTime":830.6800000000001,"body":"pipe today, natural gas, a marketer,"},{"speaker":"Grant Gibson","startTime":826.1800000000001,"endTime":830.6800000000001,"body":"a utility can buy it, whoever."},{"speaker":"Grant Gibson","startTime":831.2800000000001,"endTime":835.23,"body":"Then we also have a piece, what"},{"speaker":"Grant Gibson","startTime":831.2800000000001,"endTime":835.23,"body":"we call some folks refer to it"},{"speaker":"Grant Gibson","startTime":835.23,"endTime":836.9000000000001,"body":"as a renewable thermal credit."},{"speaker":"Grant Gibson","startTime":837.1,"endTime":839.8100000000001,"body":"Some other folks call it"},{"speaker":"Grant Gibson","startTime":837.1,"endTime":839.8100000000001,"body":"like renewable energy credit."},{"speaker":"Grant Gibson","startTime":839.8900000000001,"endTime":846.36,"body":"It really is all the same thing to where"},{"speaker":"Grant Gibson","startTime":839.8900000000001,"endTime":846.36,"body":"if you're a, and we focus on customers"},{"speaker":"Grant Gibson","startTime":846.37,"endTime":850.0400000000001,"body":"for the environmental attribute piece"},{"speaker":"Grant Gibson","startTime":846.37,"endTime":850.0400000000001,"body":"of it, we focus on customers that say,"},{"speaker":"Grant Gibson","startTime":851.0450000000001,"endTime":856.7750000000001,"body":"Hey, I know that I'm not required by"},{"speaker":"Grant Gibson","startTime":851.0450000000001,"endTime":856.7750000000001,"body":"regulation to buy these environmental"},{"speaker":"Grant Gibson","startTime":856.7750000000001,"endTime":860.595,"body":"attributes to reduce my emissions, but"},{"speaker":"Grant Gibson","startTime":856.7750000000001,"endTime":860.595,"body":"I'm going to go ahead and do it anyway, so"},{"speaker":"Grant Gibson","startTime":860.595,"endTime":862.495,"body":"it's what's called the voluntary market."},{"speaker":"Grant Gibson","startTime":863.5250000000001,"endTime":865.955,"body":"And so we sell into the voluntary market."},{"speaker":"Grant Gibson","startTime":865.965,"endTime":871.085,"body":"So it could be utilities that don't"},{"speaker":"Grant Gibson","startTime":865.965,"endTime":871.085,"body":"necessarily have a federal or any"},{"speaker":"Grant Gibson","startTime":871.085,"endTime":875.235,"body":"kind of regulatory requirement"},{"speaker":"Grant Gibson","startTime":871.085,"endTime":875.235,"body":"to buy environmental attributes."},{"speaker":"Grant Gibson","startTime":875.565,"endTime":879.235,"body":"It could be a utility, it could be a"},{"speaker":"Grant Gibson","startTime":875.565,"endTime":879.235,"body":"private corporation, a large corporation"},{"speaker":"Grant Gibson","startTime":879.615,"endTime":884.8850000000001,"body":"that wants to lower their emissions based"},{"speaker":"Grant Gibson","startTime":879.615,"endTime":884.8850000000001,"body":"on buying those environmental attributes."},{"speaker":"Grant Gibson","startTime":885.1350000000001,"endTime":887.485,"body":"It's a whole wide range"},{"speaker":"Grant Gibson","startTime":885.1350000000001,"endTime":887.485,"body":"of different customers."},{"speaker":"Grant Gibson","startTime":887.485,"endTime":891.325,"body":"We don't focus on what's considered"},{"speaker":"Grant Gibson","startTime":887.485,"endTime":891.325,"body":"a low carbon fuel market out"},{"speaker":"Grant Gibson","startTime":891.375,"endTime":892.475,"body":"on the west coast of the U."},{"speaker":"Grant Gibson","startTime":892.475,"endTime":892.835,"body":"S."},{"speaker":"Grant Gibson","startTime":893.1550000000001,"endTime":895.975,"body":"We do focus heavily on"},{"speaker":"Grant Gibson","startTime":893.1550000000001,"endTime":895.975,"body":"the voluntary market."},{"speaker":"Grant Gibson","startTime":895.975,"endTime":900.1750000000001,"body":"So, that's kind of, like, again, where"},{"speaker":"Grant Gibson","startTime":895.975,"endTime":900.1750000000001,"body":"the solid liquid fraction goes, and"},{"speaker":"Grant Gibson","startTime":900.1750000000001,"endTime":903.845,"body":"then physical molecules of the gas, and"},{"speaker":"Grant Gibson","startTime":900.1750000000001,"endTime":903.845,"body":"then also the environmental attributes."},{"speaker":"Tom Raftery","startTime":904.215,"endTime":904.625,"body":"Okay."},{"speaker":"Tom Raftery","startTime":904.8950000000001,"endTime":908.5350000000001,"body":"And the, the solids that you're"},{"speaker":"Tom Raftery","startTime":904.8950000000001,"endTime":908.5350000000001,"body":"giving out for beneficial use,"},{"speaker":"Tom Raftery","startTime":908.995,"endTime":914.095,"body":"is that you're giving it away or"},{"speaker":"Tom Raftery","startTime":908.995,"endTime":914.095,"body":"you're selling it or it's, or which?"},{"speaker":"Grant Gibson","startTime":915.3800000000001,"endTime":917.62,"body":"Yeah, I would love"},{"speaker":"Grant Gibson","startTime":915.3800000000001,"endTime":917.62,"body":"to say that we're selling it."},{"speaker":"Grant Gibson","startTime":917.6600000000001,"endTime":921.8000000000001,"body":"It's one of those things where we"},{"speaker":"Grant Gibson","startTime":917.6600000000001,"endTime":921.8000000000001,"body":"try to do low cost, no cost but we do"},{"speaker":"Grant Gibson","startTime":921.8000000000001,"endTime":925.87,"body":"have a cost associated with offloading"},{"speaker":"Grant Gibson","startTime":921.8000000000001,"endTime":925.87,"body":"it because there's transportation"},{"speaker":"Grant Gibson","startTime":925.87,"endTime":930.2600000000001,"body":"associated with hauling it from our"},{"speaker":"Grant Gibson","startTime":925.87,"endTime":930.2600000000001,"body":"digester location to a compost or"},{"speaker":"Grant Gibson","startTime":930.2600000000001,"endTime":932.33,"body":"a mulch manufacturer you name it."},{"speaker":"Tom Raftery","startTime":933.325,"endTime":933.6750000000001,"body":"Okay."},{"speaker":"Tom Raftery","startTime":933.835,"endTime":934.2850000000001,"body":"Fair enough."},{"speaker":"Tom Raftery","startTime":934.485,"endTime":934.7950000000001,"body":"Fair enough."},{"speaker":"Tom Raftery","startTime":935.2650000000001,"endTime":939.815,"body":"I was speaking recently to a"},{"speaker":"Tom Raftery","startTime":935.2650000000001,"endTime":939.815,"body":"pharma, a pharmaceutical company."},{"speaker":"Tom Raftery","startTime":940.4250000000001,"endTime":946.0350000000001,"body":"And we were talking about their"},{"speaker":"Tom Raftery","startTime":940.4250000000001,"endTime":946.0350000000001,"body":"emissions and one of their big sources of"},{"speaker":"Tom Raftery","startTime":946.0350000000001,"endTime":948.205,"body":"emissions is obviously industrial heat."},{"speaker":"Tom Raftery","startTime":948.82,"endTime":955.44,"body":"So I can imagine for industrial"},{"speaker":"Tom Raftery","startTime":948.82,"endTime":955.44,"body":"customers, I mean, lots of different"},{"speaker":"Tom Raftery","startTime":955.44,"endTime":960.82,"body":"industries use fossil fuels for that,"},{"speaker":"Tom Raftery","startTime":955.44,"endTime":960.82,"body":"for industrial heat, not just pharma."},{"speaker":"Tom Raftery","startTime":961.21,"endTime":964.72,"body":"Is that a, a market you're chasing?"},{"speaker":"Tom Raftery","startTime":964.9300000000001,"endTime":967.3800000000001,"body":"Is, or is that, is that"},{"speaker":"Tom Raftery","startTime":964.9300000000001,"endTime":967.3800000000001,"body":"market chasing you?"},{"speaker":"Grant Gibson","startTime":969.24,"endTime":970.46,"body":"That's a great question."},{"speaker":"Grant Gibson","startTime":970.47,"endTime":975.3580000000001,"body":"So I would say, yes, it's a little"},{"speaker":"Grant Gibson","startTime":970.47,"endTime":975.3580000000001,"body":"bit of chasing us because that"},{"speaker":"Grant Gibson","startTime":975.3580000000001,"endTime":979.3480000000001,"body":"pharmaceutical company, that, that's a"},{"speaker":"Grant Gibson","startTime":975.3580000000001,"endTime":979.3480000000001,"body":"great example of the voluntary market."},{"speaker":"Grant Gibson","startTime":979.8480000000001,"endTime":983.9480000000001,"body":"They say, hey, our, our biggest"},{"speaker":"Grant Gibson","startTime":979.8480000000001,"endTime":983.9480000000001,"body":"emission is, is heating, right?"},{"speaker":"Grant Gibson","startTime":983.998,"endTime":987.378,"body":"And so, within the anaerobic"},{"speaker":"Grant Gibson","startTime":983.998,"endTime":987.378,"body":"digestion market in the U."},{"speaker":"Grant Gibson","startTime":987.378,"endTime":987.798,"body":"S."},{"speaker":"Grant Gibson","startTime":988.3080000000001,"endTime":992.8080000000001,"body":"and, well, more so around renewable"},{"speaker":"Grant Gibson","startTime":988.3080000000001,"endTime":992.8080000000001,"body":"natural gas market there is a"},{"speaker":"Grant Gibson","startTime":992.8180000000001,"endTime":997.8280000000001,"body":"tremendous amount of demand, but the"},{"speaker":"Grant Gibson","startTime":992.8180000000001,"endTime":997.8280000000001,"body":"amount of supply is just nowhere near"},{"speaker":"Grant Gibson","startTime":998.298,"endTime":1000.9380000000001,"body":"coming close to meeting the demand."},{"speaker":"Grant Gibson","startTime":1001.368,"endTime":1004.6080000000001,"body":"So, supply being small,"},{"speaker":"Grant Gibson","startTime":1001.368,"endTime":1004.6080000000001,"body":"demand being really big."},{"speaker":"Grant Gibson","startTime":1004.9580000000001,"endTime":1008.7080000000001,"body":"I would say that when I look at the, and"},{"speaker":"Grant Gibson","startTime":1004.9580000000001,"endTime":1008.7080000000001,"body":"if you notice, I didn't really mention"},{"speaker":"Grant Gibson","startTime":1008.7080000000001,"endTime":1012.5580000000001,"body":"it being part of the complexity of that"},{"speaker":"Grant Gibson","startTime":1008.7080000000001,"endTime":1012.5580000000001,"body":"big puzzle that I talked about earlier"},{"speaker":"Grant Gibson","startTime":1012.918,"endTime":1018.918,"body":"where offloading, having an offtake for"},{"speaker":"Grant Gibson","startTime":1012.918,"endTime":1018.918,"body":"the environmental attributes piece of"},{"speaker":"Grant Gibson","startTime":1018.918,"endTime":1021.008,"body":"it and the, and the physical molecules."},{"speaker":"Grant Gibson","startTime":1021.628,"endTime":1024.268,"body":"That's the easy part because"},{"speaker":"Grant Gibson","startTime":1021.628,"endTime":1024.268,"body":"there's so much demand for it."},{"speaker":"Grant Gibson","startTime":1024.308,"endTime":1026.088,"body":"It's Oh, here's a term sheet."},{"speaker":"Grant Gibson","startTime":1026.088,"endTime":1026.788,"body":"Here's a term sheet."},{"speaker":"Grant Gibson","startTime":1026.788,"endTime":1029.098,"body":"Here's a term sheet from all"},{"speaker":"Grant Gibson","startTime":1026.788,"endTime":1029.098,"body":"these different providers."},{"speaker":"Grant Gibson","startTime":1029.098,"endTime":1032.618,"body":"And it's just a matter of Okay,"},{"speaker":"Grant Gibson","startTime":1029.098,"endTime":1032.618,"body":"who do we want as a customer?"},{"speaker":"Grant Gibson","startTime":1033.173,"endTime":1036.823,"body":"On the offtake side who are they,"},{"speaker":"Grant Gibson","startTime":1033.173,"endTime":1036.823,"body":"are they going to be around in 10,"},{"speaker":"Grant Gibson","startTime":1036.823,"endTime":1038.943,"body":"15, 20 years, that kind of thing."},{"speaker":"Grant Gibson","startTime":1038.963,"endTime":1043.343,"body":"So, yeah, demand is really high"},{"speaker":"Grant Gibson","startTime":1038.963,"endTime":1043.343,"body":"for, yeah, absolutely chasing us."},{"speaker":"Tom Raftery","startTime":1043.393,"endTime":1044.183,"body":"Nice, nice."},{"speaker":"Tom Raftery","startTime":1045.213,"endTime":1048.533,"body":"Does that mean you can charge a"},{"speaker":"Tom Raftery","startTime":1045.213,"endTime":1048.533,"body":"premium for renewable natural gas"},{"speaker":"Tom Raftery","startTime":1048.533,"endTime":1052.2930000000001,"body":"versus regular fossil fuel gas?"},{"speaker":"Grant Gibson","startTime":1053.5130000000001,"endTime":1057.223,"body":"Absolutely, yeah, it,"},{"speaker":"Grant Gibson","startTime":1053.5130000000001,"endTime":1057.223,"body":"when it comes to the environmental"},{"speaker":"Grant Gibson","startTime":1057.223,"endTime":1058.693,"body":"attributes piece, you can."},{"speaker":"Grant Gibson","startTime":1058.973,"endTime":1064.343,"body":"The physical molecule gas just gets"},{"speaker":"Grant Gibson","startTime":1058.973,"endTime":1064.343,"body":"traded at a, called a commodity rate,"},{"speaker":"Grant Gibson","startTime":1064.713,"endTime":1069.193,"body":"and sold at a commodity rate to where,"},{"speaker":"Grant Gibson","startTime":1064.713,"endTime":1069.193,"body":"but the environmental attributes is"},{"speaker":"Grant Gibson","startTime":1069.193,"endTime":1071.133,"body":"really where that big premium comes in."},{"speaker":"Grant Gibson","startTime":1071.673,"endTime":1076.403,"body":"If you look at, call it, it's"},{"speaker":"Grant Gibson","startTime":1071.673,"endTime":1076.403,"body":"probably, if you said in the U."},{"speaker":"Grant Gibson","startTime":1076.403,"endTime":1081.598,"body":"S., the commodity rate right now"},{"speaker":"Grant Gibson","startTime":1076.403,"endTime":1081.598,"body":"for natural gas is, traded at, I'm"},{"speaker":"Grant Gibson","startTime":1081.598,"endTime":1086.2830000000001,"body":"going to round up and say $3 for the"},{"speaker":"Grant Gibson","startTime":1081.598,"endTime":1086.2830000000001,"body":"environmental attribute piece of that,"},{"speaker":"Grant Gibson","startTime":1086.2830000000001,"endTime":1092.953,"body":"you're probably looking at a a 7 to"},{"speaker":"Grant Gibson","startTime":1086.2830000000001,"endTime":1092.953,"body":"8X on that, so you're at 21 to 24."},{"speaker":"Grant Gibson","startTime":1094.048,"endTime":1098.548,"body":"per unit, per environmental attribute"},{"speaker":"Grant Gibson","startTime":1094.048,"endTime":1098.548,"body":"associated with the, with the RNG."},{"speaker":"Grant Gibson","startTime":1098.558,"endTime":1100.4080000000001,"body":"So, yeah, it's definitely a premium."},{"speaker":"Grant Gibson","startTime":1100.838,"endTime":1103.9080000000001,"body":"Do I ever see it leveling"},{"speaker":"Grant Gibson","startTime":1100.838,"endTime":1103.9080000000001,"body":"out and going down?"},{"speaker":"Grant Gibson","startTime":1104.488,"endTime":1105.068,"body":"Maybe."},{"speaker":"Grant Gibson","startTime":1105.1380000000001,"endTime":1105.988,"body":"It's possible."},{"speaker":"Grant Gibson","startTime":1105.998,"endTime":1108.608,"body":"It just depends on what the industry"},{"speaker":"Grant Gibson","startTime":1105.998,"endTime":1108.608,"body":"does over the next 10 years."},{"speaker":"Tom Raftery","startTime":1108.733,"endTime":1109.0230000000001,"body":"hmm."},{"speaker":"Tom Raftery","startTime":1109.0230000000001,"endTime":1110.203,"body":"All right."},{"speaker":"Tom Raftery","startTime":1110.733,"endTime":1116.953,"body":"And Sourcing your sites, how,"},{"speaker":"Tom Raftery","startTime":1110.733,"endTime":1116.953,"body":"how do you go about deciding"},{"speaker":"Tom Raftery","startTime":1117.213,"endTime":1118.843,"body":"where to build your digester?"},{"speaker":"Tom Raftery","startTime":1118.843,"endTime":1124.323,"body":"Is it, do you, do you build them in"},{"speaker":"Tom Raftery","startTime":1118.843,"endTime":1124.323,"body":"your customer's backyard or, you know,"},{"speaker":"Tom Raftery","startTime":1124.703,"endTime":1128.2730000000001,"body":"or do you build it where it's most"},{"speaker":"Tom Raftery","startTime":1124.703,"endTime":1128.2730000000001,"body":"convenient for you and then get the"},{"speaker":"Tom Raftery","startTime":1128.2730000000001,"endTime":1133.843,"body":"gas from there to your customer by"},{"speaker":"Tom Raftery","startTime":1128.2730000000001,"endTime":1133.843,"body":"tanker truck, by, you know, whatever"},{"speaker":"Tom Raftery","startTime":1133.843,"endTime":1135.5030000000002,"body":"else means by piping, whatever?"},{"speaker":"Grant Gibson","startTime":1137.028,"endTime":1141.748,"body":"Yeah, so we try to,"},{"speaker":"Grant Gibson","startTime":1137.028,"endTime":1141.748,"body":"we try to locate in an, a region"},{"speaker":"Grant Gibson","startTime":1141.758,"endTime":1144.9180000000001,"body":"where there's a high concentration"},{"speaker":"Grant Gibson","startTime":1141.758,"endTime":1144.9180000000001,"body":"of food and beverage manufacturing."},{"speaker":"Grant Gibson","startTime":1145.528,"endTime":1147.788,"body":"We've looked at what we call co locating."},{"speaker":"Grant Gibson","startTime":1148.028,"endTime":1153.738,"body":"Like, in a, on the same property of a,"},{"speaker":"Grant Gibson","startTime":1148.028,"endTime":1153.738,"body":"of a large food or beverage manufacturer."},{"speaker":"Grant Gibson","startTime":1154.188,"endTime":1159.328,"body":"That tends to get pretty sticky just"},{"speaker":"Grant Gibson","startTime":1154.188,"endTime":1159.328,"body":"because of risk, liability, you name it,"},{"speaker":"Grant Gibson","startTime":1159.338,"endTime":1163.738,"body":"on both sides, both our side and their"},{"speaker":"Grant Gibson","startTime":1159.338,"endTime":1163.738,"body":"side, so, it's interesting because I, I"},{"speaker":"Grant Gibson","startTime":1163.738,"endTime":1168.348,"body":"never thought in a million years that I"},{"speaker":"Grant Gibson","startTime":1163.738,"endTime":1168.348,"body":"would be using what I went to school for,"},{"speaker":"Grant Gibson","startTime":1168.358,"endTime":1170.808,"body":"which is geographic information systems."},{"speaker":"Grant Gibson","startTime":1171.3680000000002,"endTime":1175.6680000000001,"body":"I went to school for that at a high"},{"speaker":"Grant Gibson","startTime":1171.3680000000002,"endTime":1175.6680000000001,"body":"university in Ohio, and I never"},{"speaker":"Grant Gibson","startTime":1175.6680000000001,"endTime":1179.458,"body":"thought that I'd be using that one"},{"speaker":"Grant Gibson","startTime":1175.6680000000001,"endTime":1179.458,"body":"day to cite digester locations."},{"speaker":"Grant Gibson","startTime":1179.858,"endTime":1183.018,"body":"So, a lot of mapping, a lot of"},{"speaker":"Grant Gibson","startTime":1179.858,"endTime":1183.018,"body":"geospatial analysis, you name it."},{"speaker":"Grant Gibson","startTime":1183.4080000000001,"endTime":1187.248,"body":"And so, that helps us really"},{"speaker":"Grant Gibson","startTime":1183.4080000000001,"endTime":1187.248,"body":"whittle things down, the options"},{"speaker":"Grant Gibson","startTime":1187.248,"endTime":1189.328,"body":"down pretty fast, so I can overlay."},{"speaker":"Grant Gibson","startTime":1189.6380000000001,"endTime":1195.7430000000002,"body":"And we've got team members that do that"},{"speaker":"Grant Gibson","startTime":1189.6380000000001,"endTime":1195.7430000000002,"body":"today where they will overlay dots on a"},{"speaker":"Grant Gibson","startTime":1195.7430000000002,"endTime":1199.683,"body":"map that show concentrations of food and"},{"speaker":"Grant Gibson","startTime":1195.7430000000002,"endTime":1199.683,"body":"beverage manufacturing, they'll overlay"},{"speaker":"Grant Gibson","startTime":1199.713,"endTime":1203.563,"body":"the zoning, they'll overlay pipelines,"},{"speaker":"Grant Gibson","startTime":1199.713,"endTime":1203.563,"body":"they'll overlay all these different"},{"speaker":"Grant Gibson","startTime":1203.563,"endTime":1208.893,"body":"layers, and it, again, as I mentioned,"},{"speaker":"Grant Gibson","startTime":1203.563,"endTime":1208.893,"body":"it'll really whittle down the options"},{"speaker":"Grant Gibson","startTime":1208.893,"endTime":1210.5430000000001,"body":"that we have when it comes to property."},{"speaker":"Grant Gibson","startTime":1212.6380000000001,"endTime":1217.178,"body":"So, yeah, I mean, we, we try to do it"},{"speaker":"Grant Gibson","startTime":1212.6380000000001,"endTime":1217.178,"body":"pretty quick to where we can give it a"},{"speaker":"Grant Gibson","startTime":1217.178,"endTime":1220.6380000000001,"body":"quick pass or fail and then we can move"},{"speaker":"Grant Gibson","startTime":1217.178,"endTime":1220.6380000000001,"body":"on to the next property kind of thing."},{"speaker":"Grant Gibson","startTime":1220.8780000000002,"endTime":1224.538,"body":"If we find a property and we say, ooh,"},{"speaker":"Grant Gibson","startTime":1220.8780000000002,"endTime":1224.538,"body":"that looks good, it meets all the criteria"},{"speaker":"Grant Gibson","startTime":1225.238,"endTime":1226.928,"body":"before we even put boots on the ground."},{"speaker":"Grant Gibson","startTime":1226.948,"endTime":1230.428,"body":"So, yeah, it's again, I never thought"},{"speaker":"Grant Gibson","startTime":1226.948,"endTime":1230.428,"body":"I would be using it, what I went to"},{"speaker":"Grant Gibson","startTime":1230.438,"endTime":1236.1480000000001,"body":"school for, how many ever years later 21"},{"speaker":"Grant Gibson","startTime":1230.438,"endTime":1236.1480000000001,"body":"years later that I'd be using it to, to"},{"speaker":"Grant Gibson","startTime":1236.1480000000001,"endTime":1238.348,"body":"site anaerobic digesters across the U."},{"speaker":"Grant Gibson","startTime":1238.348,"endTime":1238.558,"body":"S."},{"speaker":"Tom Raftery","startTime":1238.803,"endTime":1239.2430000000002,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1239.563,"endTime":1244.608,"body":"And is there anything particularly"},{"speaker":"Tom Raftery","startTime":1239.563,"endTime":1244.608,"body":"unique about your anaerobic"},{"speaker":"Tom Raftery","startTime":1245.098,"endTime":1248.548,"body":"digesters versus anyone else"},{"speaker":"Tom Raftery","startTime":1245.098,"endTime":1248.548,"body":"who's doing anaerobic digestion."},{"speaker":"Grant Gibson","startTime":1249.1580000000001,"endTime":1254.048,"body":"So, we do not, we"},{"speaker":"Grant Gibson","startTime":1249.1580000000001,"endTime":1254.048,"body":"don't use anything proprietary."},{"speaker":"Grant Gibson","startTime":1254.048,"endTime":1256.3980000000001,"body":"We don't have any proprietary technology."},{"speaker":"Grant Gibson","startTime":1257.078,"endTime":1263.448,"body":"We use commercial off the shelf equipment,"},{"speaker":"Grant Gibson","startTime":1257.078,"endTime":1263.448,"body":"whether it's blowers, tanks, mixers,"},{"speaker":"Grant Gibson","startTime":1264.1180000000002,"endTime":1265.828,"body":"receiving equipment, you name it."},{"speaker":"Grant Gibson","startTime":1265.848,"endTime":1269.078,"body":"It's all very very, very standard stuff."},{"speaker":"Grant Gibson","startTime":1269.348,"endTime":1275.468,"body":"Where the big differentiator for us is one"},{"speaker":"Grant Gibson","startTime":1269.348,"endTime":1275.468,"body":"is the convenience of where we're located."},{"speaker":"Grant Gibson","startTime":1275.498,"endTime":1281.373,"body":"If you look at If you compare us to"},{"speaker":"Grant Gibson","startTime":1275.498,"endTime":1281.373,"body":"other developers of digestion facilities."},{"speaker":"Grant Gibson","startTime":1282.053,"endTime":1286.463,"body":"Typically has been further out"},{"speaker":"Grant Gibson","startTime":1282.053,"endTime":1286.463,"body":"in more farm or rural settings."},{"speaker":"Grant Gibson","startTime":1286.733,"endTime":1290.843,"body":"We don't, we do not digest,"},{"speaker":"Grant Gibson","startTime":1286.733,"endTime":1290.843,"body":"we do not take in manure from"},{"speaker":"Grant Gibson","startTime":1291.123,"endTime":1293.093,"body":"whether it's cattle or, or swine."},{"speaker":"Grant Gibson","startTime":1293.653,"endTime":1295.483,"body":"So that's a big"},{"speaker":"Grant Gibson","startTime":1293.653,"endTime":1295.483,"body":"differentiator right there."},{"speaker":"Grant Gibson","startTime":1296.0130000000001,"endTime":1301.923,"body":"The second to that is the fact that"},{"speaker":"Grant Gibson","startTime":1296.0130000000001,"endTime":1301.923,"body":"we have the ability to offer up our"},{"speaker":"Grant Gibson","startTime":1301.923,"endTime":1309.803,"body":"offering to a customer that says, Hey,"},{"speaker":"Grant Gibson","startTime":1301.923,"endTime":1309.803,"body":"I want to give you 20, 000 tons of this"},{"speaker":"Grant Gibson","startTime":1309.813,"endTime":1314.0130000000001,"body":"particular waste stream and yeah, I'm"},{"speaker":"Grant Gibson","startTime":1309.813,"endTime":1314.0130000000001,"body":"going to pay you for it to get rid of it."},{"speaker":"Grant Gibson","startTime":1314.863,"endTime":1316.183,"body":"What do I get in return?"},{"speaker":"Grant Gibson","startTime":1316.193,"endTime":1319.613,"body":"We have different offerings that we're"},{"speaker":"Grant Gibson","startTime":1316.193,"endTime":1319.613,"body":"able to provide to that customer to"},{"speaker":"Grant Gibson","startTime":1319.613,"endTime":1321.423,"body":"where it's more than just an outlet."},{"speaker":"Grant Gibson","startTime":1322.203,"endTime":1326.383,"body":"Because we know and we've learned"},{"speaker":"Grant Gibson","startTime":1322.203,"endTime":1326.383,"body":"over the last couple of years that we"},{"speaker":"Grant Gibson","startTime":1326.383,"endTime":1330.7630000000001,"body":"have to be more than just an outlet"},{"speaker":"Grant Gibson","startTime":1326.383,"endTime":1330.7630000000001,"body":"for them, for that manufacturer to"},{"speaker":"Grant Gibson","startTime":1330.7630000000001,"endTime":1333.073,"body":"say, Oh, I send it to a digester."},{"speaker":"Grant Gibson","startTime":1333.073,"endTime":1333.873,"body":"Yeah, it's great."},{"speaker":"Grant Gibson","startTime":1333.883,"endTime":1334.973,"body":"Everything's merry."},{"speaker":"Grant Gibson","startTime":1335.343,"endTime":1340.308,"body":"But for them, really, what's a true"},{"speaker":"Grant Gibson","startTime":1335.343,"endTime":1340.308,"body":"compelling reason for them to go through,"},{"speaker":"Grant Gibson","startTime":1340.328,"endTime":1344.558,"body":"I don't want to say the headache, but"},{"speaker":"Grant Gibson","startTime":1340.328,"endTime":1344.558,"body":"just the, the exercise and the commitment"},{"speaker":"Grant Gibson","startTime":1344.568,"endTime":1348.928,"body":"to say, okay, we're going to send it to"},{"speaker":"Grant Gibson","startTime":1344.568,"endTime":1348.928,"body":"Synthica versus sending it to, whether"},{"speaker":"Grant Gibson","startTime":1348.928,"endTime":1352.958,"body":"it's land application or sending it"},{"speaker":"Grant Gibson","startTime":1348.928,"endTime":1352.958,"body":"down the drain or even landfill, right?"},{"speaker":"Grant Gibson","startTime":1353.348,"endTime":1357.498,"body":"Because truly, yeah,"},{"speaker":"Grant Gibson","startTime":1353.348,"endTime":1357.498,"body":"economics are a big driver."},{"speaker":"Grant Gibson","startTime":1357.738,"endTime":1359.258,"body":"Are we cheaper than the landfill?"},{"speaker":"Grant Gibson","startTime":1359.833,"endTime":1361.383,"body":"Sometimes yes, sometimes no."},{"speaker":"Grant Gibson","startTime":1361.413,"endTime":1364.613,"body":"Are we cheaper than the sewer department"},{"speaker":"Grant Gibson","startTime":1361.413,"endTime":1364.613,"body":"or the sewer district for sending a"},{"speaker":"Grant Gibson","startTime":1364.613,"endTime":1366.583,"body":"waste, a liquid waste down the drain?"},{"speaker":"Grant Gibson","startTime":1366.873,"endTime":1368.563,"body":"Sometimes we are, sometimes we aren't."},{"speaker":"Grant Gibson","startTime":1369.038,"endTime":1374.125,"body":"It really just becomes a, an exercise of,"},{"speaker":"Grant Gibson","startTime":1369.038,"endTime":1374.125,"body":"okay, where are they sending it today?"},{"speaker":"Grant Gibson","startTime":1374.125,"endTime":1375.345,"body":"How much are they paying today?"},{"speaker":"Grant Gibson","startTime":1375.345,"endTime":1376.505,"body":"Meaning the manufacturer."},{"speaker":"Grant Gibson","startTime":1376.505,"endTime":1380.065,"body":"And then from there it's, okay, if"},{"speaker":"Grant Gibson","startTime":1376.505,"endTime":1380.065,"body":"you send us 20, 000 tons of waste,"},{"speaker":"Grant Gibson","startTime":1380.065,"endTime":1383.565,"body":"we have these other offerings that"},{"speaker":"Grant Gibson","startTime":1380.065,"endTime":1383.565,"body":"we can provide kind of call it"},{"speaker":"Grant Gibson","startTime":1383.9650000000001,"endTime":1385.545,"body":"call it conversion as a service."},{"speaker":"Grant Gibson","startTime":1385.99,"endTime":1389.16,"body":"Where we're acting as infrastructure"},{"speaker":"Grant Gibson","startTime":1385.99,"endTime":1389.16,"body":"or even infrastructure as a service"},{"speaker":"Grant Gibson","startTime":1389.16,"endTime":1391.71,"body":"to where we have different things"},{"speaker":"Grant Gibson","startTime":1389.16,"endTime":1391.71,"body":"that, different products that we"},{"speaker":"Grant Gibson","startTime":1391.71,"endTime":1395.72,"body":"can offer in return outside of"},{"speaker":"Grant Gibson","startTime":1391.71,"endTime":1395.72,"body":"the, what I mentioned earlier, so."},{"speaker":"Tom Raftery","startTime":1396.4850000000001,"endTime":1396.905,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1397.255,"endTime":1402.7450000000001,"body":"And are you thinking at all of"},{"speaker":"Tom Raftery","startTime":1397.255,"endTime":1402.7450000000001,"body":"maybe licensing the technology for"},{"speaker":"Tom Raftery","startTime":1402.775,"endTime":1406.255,"body":"other people to use, so you build a"},{"speaker":"Tom Raftery","startTime":1402.775,"endTime":1406.255,"body":"digester and license someone to use"},{"speaker":"Tom Raftery","startTime":1406.255,"endTime":1409.265,"body":"it or sell them the, the blueprints"},{"speaker":"Tom Raftery","startTime":1406.255,"endTime":1409.265,"body":"so that they can create their own"},{"speaker":"Tom Raftery","startTime":1409.265,"endTime":1413.775,"body":"based on your model and charge them"},{"speaker":"Tom Raftery","startTime":1409.265,"endTime":1413.775,"body":"a fee or just as a way to scale."},{"speaker":"Grant Gibson","startTime":1415.1100000000001,"endTime":1417.1100000000001,"body":"No, we really"},{"speaker":"Grant Gibson","startTime":1415.1100000000001,"endTime":1417.1100000000001,"body":"haven't thought about that."},{"speaker":"Grant Gibson","startTime":1417.21,"endTime":1421.8,"body":"I guess the, the primary reason for that"},{"speaker":"Grant Gibson","startTime":1417.21,"endTime":1421.8,"body":"is because we because if you look at the"},{"speaker":"Grant Gibson","startTime":1421.8,"endTime":1427.625,"body":"markets that we're in, that we're building"},{"speaker":"Grant Gibson","startTime":1421.8,"endTime":1427.625,"body":"in, San Antonio, Texas, Houston, Texas,"},{"speaker":"Grant Gibson","startTime":1427.635,"endTime":1431.815,"body":"Atlanta, Georgia basically, we're going"},{"speaker":"Grant Gibson","startTime":1427.635,"endTime":1431.815,"body":"to be south of Louisville, Kentucky."},{"speaker":"Grant Gibson","startTime":1431.815,"endTime":1434.625,"body":"We're going to be right outside"},{"speaker":"Grant Gibson","startTime":1431.815,"endTime":1434.625,"body":"of New Orleans, Louisiana."},{"speaker":"Grant Gibson","startTime":1435.055,"endTime":1438.7250000000001,"body":"If you look at all those markets,"},{"speaker":"Grant Gibson","startTime":1435.055,"endTime":1438.7250000000001,"body":"there's no infrastructure at all."},{"speaker":"Grant Gibson","startTime":1439.145,"endTime":1444.39,"body":"And so, we are experiencing some, call it,"},{"speaker":"Grant Gibson","startTime":1439.145,"endTime":1444.39,"body":"we are experiencing first mover advantage"},{"speaker":"Grant Gibson","startTime":1444.39,"endTime":1449.06,"body":"in, in purely the organic space, and when"},{"speaker":"Grant Gibson","startTime":1444.39,"endTime":1449.06,"body":"I say the organics, meaning we don't take"},{"speaker":"Grant Gibson","startTime":1449.06,"endTime":1453.24,"body":"in manure, we don't take in treated sewage"},{"speaker":"Grant Gibson","startTime":1449.06,"endTime":1453.24,"body":"from municipal wastewater treatment,"},{"speaker":"Grant Gibson","startTime":1453.5,"endTime":1457.44,"body":"we're focusing 100 percent on food"},{"speaker":"Grant Gibson","startTime":1453.5,"endTime":1457.44,"body":"and beverage or industrial byproducts."},{"speaker":"Grant Gibson","startTime":1458.1100000000001,"endTime":1462.79,"body":"So I haven't really thought that"},{"speaker":"Grant Gibson","startTime":1458.1100000000001,"endTime":1462.79,"body":"way just because there's no real"},{"speaker":"Grant Gibson","startTime":1462.79,"endTime":1465.14,"body":"infrastructure right now as it stands."},{"speaker":"Grant Gibson","startTime":1465.14,"endTime":1467.98,"body":"So we're saying, hey, look, let's"},{"speaker":"Grant Gibson","startTime":1465.14,"endTime":1467.98,"body":"just, let's do it ourselves."},{"speaker":"Grant Gibson","startTime":1467.99,"endTime":1468.68,"body":"Let's go out."},{"speaker":"Grant Gibson","startTime":1469.01,"endTime":1470.5800000000002,"body":"Now are we building them on our own?"},{"speaker":"Grant Gibson","startTime":1470.6000000000001,"endTime":1474.0900000000001,"body":"No, we're, we're bringing in"},{"speaker":"Grant Gibson","startTime":1470.6000000000001,"endTime":1474.0900000000001,"body":"contracting firms to do all of that."},{"speaker":"Grant Gibson","startTime":1474.43,"endTime":1477.46,"body":"Because in order to scale, we"},{"speaker":"Grant Gibson","startTime":1474.43,"endTime":1477.46,"body":"don't need a construction arm."},{"speaker":"Grant Gibson","startTime":1477.8,"endTime":1481.54,"body":"There are plenty of design build"},{"speaker":"Grant Gibson","startTime":1477.8,"endTime":1481.54,"body":"firms out there that can help"},{"speaker":"Grant Gibson","startTime":1481.65,"endTime":1483.93,"body":"scale, help us scale pretty quickly."},{"speaker":"Tom Raftery","startTime":1484.9550000000002,"endTime":1485.385,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1485.385,"endTime":1489.885,"body":"And why not manure and"},{"speaker":"Tom Raftery","startTime":1485.385,"endTime":1489.885,"body":"why food and beverage?"},{"speaker":"Grant Gibson","startTime":1490.46,"endTime":1491.31,"body":"Yeah, so."},{"speaker":"Grant Gibson","startTime":1493.3300000000002,"endTime":1494.0900000000001,"body":"A couple things."},{"speaker":"Grant Gibson","startTime":1494.0900000000001,"endTime":1497.38,"body":"One is, as I mentioned"},{"speaker":"Grant Gibson","startTime":1494.0900000000001,"endTime":1497.38,"body":"earlier around the location."},{"speaker":"Grant Gibson","startTime":1497.8300000000002,"endTime":1504.24,"body":"Typically on farm digestion,"},{"speaker":"Grant Gibson","startTime":1497.8300000000002,"endTime":1504.24,"body":"those digestion facilities are"},{"speaker":"Grant Gibson","startTime":1504.24,"endTime":1508.92,"body":"either paying for the manure or"},{"speaker":"Grant Gibson","startTime":1504.24,"endTime":1508.92,"body":"they're taking it at no cost."},{"speaker":"Grant Gibson","startTime":1509.645,"endTime":1515.885,"body":"And so when you look at their top lines of"},{"speaker":"Grant Gibson","startTime":1509.645,"endTime":1515.885,"body":"revenue, we have two, call it three, where"},{"speaker":"Grant Gibson","startTime":1515.885,"endTime":1520.385,"body":"we have tipping fees, physical molecule"},{"speaker":"Grant Gibson","startTime":1515.885,"endTime":1520.385,"body":"gas, and then environmental attributes."},{"speaker":"Grant Gibson","startTime":1520.785,"endTime":1527.115,"body":"And then we don't rely heavily on the the"},{"speaker":"Grant Gibson","startTime":1520.785,"endTime":1527.115,"body":"low carbon fuel markets in the West Coast."},{"speaker":"Grant Gibson","startTime":1528.115,"endTime":1533.4650000000001,"body":"So, we, over the last, the first few years"},{"speaker":"Grant Gibson","startTime":1528.115,"endTime":1533.4650000000001,"body":"that Sam and I were putting Synthetica"},{"speaker":"Grant Gibson","startTime":1533.4650000000001,"endTime":1539.555,"body":"together is that We said, look, the"},{"speaker":"Grant Gibson","startTime":1533.4650000000001,"endTime":1539.555,"body":"low carbon fuel market is pretty risky."},{"speaker":"Grant Gibson","startTime":1539.905,"endTime":1543.4450000000002,"body":"The market, the credits that are"},{"speaker":"Grant Gibson","startTime":1539.905,"endTime":1543.4450000000002,"body":"available through that market are"},{"speaker":"Grant Gibson","startTime":1543.9650000000001,"endTime":1545.905,"body":"can shift with political winds."},{"speaker":"Grant Gibson","startTime":1546.425,"endTime":1552.055,"body":"And so, at this, I joke and say, at the"},{"speaker":"Grant Gibson","startTime":1546.425,"endTime":1552.055,"body":"stroke of a pen, those credits that are"},{"speaker":"Grant Gibson","startTime":1552.085,"endTime":1556.345,"body":"associated with a low carbon fuel market"},{"speaker":"Grant Gibson","startTime":1552.085,"endTime":1556.345,"body":"can change overnight, and if you're"},{"speaker":"Grant Gibson","startTime":1556.345,"endTime":1561.155,"body":"relying heavily on one revenue stream just"},{"speaker":"Grant Gibson","startTime":1556.345,"endTime":1561.155,"body":"from that low carbon fuel market, your"},{"speaker":"Grant Gibson","startTime":1561.155,"endTime":1566.9650000000001,"body":"business can take a can have that that"},{"speaker":"Grant Gibson","startTime":1561.155,"endTime":1566.9650000000001,"body":"can have a major impact on the digestion"},{"speaker":"Grant Gibson","startTime":1566.9650000000001,"endTime":1569.795,"body":"facility from a livelihood perspective."},{"speaker":"Grant Gibson","startTime":1569.805,"endTime":1573.4850000000001,"body":"So We've strayed away from manure."},{"speaker":"Grant Gibson","startTime":1574.095,"endTime":1577.7,"body":"It is what I call relatively saturated."},{"speaker":"Grant Gibson","startTime":1577.99,"endTime":1582.13,"body":"All the big dairies and all the"},{"speaker":"Grant Gibson","startTime":1577.99,"endTime":1582.13,"body":"big, most of the large swine"},{"speaker":"Grant Gibson","startTime":1582.54,"endTime":1584.51,"body":"farms are, are spoken for."},{"speaker":"Grant Gibson","startTime":1584.51,"endTime":1588.25,"body":"They've been producing renewable"},{"speaker":"Grant Gibson","startTime":1584.51,"endTime":1588.25,"body":"natural gas for a number of years now."},{"speaker":"Grant Gibson","startTime":1589.0,"endTime":1593.14,"body":"Now developers are out scrambling around"},{"speaker":"Grant Gibson","startTime":1589.0,"endTime":1593.14,"body":"trying to connect dots between a bunch"},{"speaker":"Grant Gibson","startTime":1593.14,"endTime":1595.26,"body":"of small ones to make a larger one."},{"speaker":"Grant Gibson","startTime":1595.56,"endTime":1597.5800000000002,"body":"Call it larger production of RNG."},{"speaker":"Grant Gibson","startTime":1597.5800000000002,"endTime":1601.88,"body":"So, we really haven't gone after"},{"speaker":"Grant Gibson","startTime":1597.5800000000002,"endTime":1601.88,"body":"that because we want to be."},{"speaker":"Grant Gibson","startTime":1602.4550000000002,"endTime":1605.825,"body":"We want to build, we, we both agreed,"},{"speaker":"Grant Gibson","startTime":1602.4550000000002,"endTime":1605.825,"body":"Sam and I both agreed that we wanted"},{"speaker":"Grant Gibson","startTime":1605.825,"endTime":1611.2150000000001,"body":"to build the infrastructure in, call"},{"speaker":"Grant Gibson","startTime":1605.825,"endTime":1611.2150000000001,"body":"it the urban areas, where it's really,"},{"speaker":"Grant Gibson","startTime":1611.2150000000001,"endTime":1615.4650000000001,"body":"really needed versus having to haul"},{"speaker":"Grant Gibson","startTime":1611.2150000000001,"endTime":1615.4650000000001,"body":"waste further and further out to those"},{"speaker":"Grant Gibson","startTime":1615.4750000000001,"endTime":1617.605,"body":"on farm digestion facilities, so."},{"speaker":"Tom Raftery","startTime":1618.2050000000002,"endTime":1618.645,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1618.7450000000001,"endTime":1619.4750000000001,"body":"That makes sense, I guess."},{"speaker":"Tom Raftery","startTime":1619.4750000000001,"endTime":1619.685,"body":"Yep."},{"speaker":"Tom Raftery","startTime":1619.755,"endTime":1620.015,"body":"Yeah."},{"speaker":"Tom Raftery","startTime":1620.4850000000001,"endTime":1625.885,"body":"And looking forward, are there any"},{"speaker":"Tom Raftery","startTime":1620.4850000000001,"endTime":1625.885,"body":"particular innovations in anaerobic"},{"speaker":"Tom Raftery","startTime":1625.885,"endTime":1627.595,"body":"digestion technology or processes?"},{"speaker":"Tom Raftery","startTime":1628.145,"endTime":1630.895,"body":"That you see as kind of game"},{"speaker":"Tom Raftery","startTime":1628.145,"endTime":1630.895,"body":"changers for the system."},{"speaker":"Grant Gibson","startTime":1631.4650000000001,"endTime":1639.67,"body":"Yeah, so capturing all the"},{"speaker":"Grant Gibson","startTime":1631.4650000000001,"endTime":1639.67,"body":"tail gases associated with when you, in"},{"speaker":"Grant Gibson","startTime":1639.67,"endTime":1644.0,"body":"the last step of anaerobic digestion,"},{"speaker":"Grant Gibson","startTime":1639.67,"endTime":1644.0,"body":"you produce raw biomethane, and then"},{"speaker":"Grant Gibson","startTime":1644.01,"endTime":1645.5900000000001,"body":"from there you have to upgrade it."},{"speaker":"Grant Gibson","startTime":1645.6000000000001,"endTime":1650.8400000000001,"body":"So you're stripping out moisture,"},{"speaker":"Grant Gibson","startTime":1645.6000000000001,"endTime":1650.8400000000001,"body":"CO2, hydrogen sulfide, reducing"},{"speaker":"Grant Gibson","startTime":1650.88,"endTime":1652.6200000000001,"body":"oxygen content, you name it."},{"speaker":"Grant Gibson","startTime":1653.21,"endTime":1658.0900000000001,"body":"And so, those are all considered"},{"speaker":"Grant Gibson","startTime":1653.21,"endTime":1658.0900000000001,"body":"tail gases, and so being able to"},{"speaker":"Grant Gibson","startTime":1658.0900000000001,"endTime":1663.18,"body":"capture all of the CO2 at a, at a"},{"speaker":"Grant Gibson","startTime":1658.0900000000001,"endTime":1663.18,"body":"rate that makes sense, meaning from"},{"speaker":"Grant Gibson","startTime":1663.18,"endTime":1665.53,"body":"an equipment CapEx versus return."},{"speaker":"Grant Gibson","startTime":1666.03,"endTime":1672.18,"body":"So that's one that we're doing right now"},{"speaker":"Grant Gibson","startTime":1666.03,"endTime":1672.18,"body":"that, that should add a lot hopefully."},{"speaker":"Grant Gibson","startTime":1672.51,"endTime":1677.92,"body":"And then and then even as you start to"},{"speaker":"Grant Gibson","startTime":1672.51,"endTime":1677.92,"body":"build larger facilities potentially,"},{"speaker":"Grant Gibson","startTime":1677.92,"endTime":1684.113,"body":"that rather than sending out your cake"},{"speaker":"Grant Gibson","startTime":1677.92,"endTime":1684.113,"body":"for beneficial reuse, are there ways"},{"speaker":"Grant Gibson","startTime":1684.113,"endTime":1689.91,"body":"that you can run That cake through"},{"speaker":"Grant Gibson","startTime":1684.113,"endTime":1689.91,"body":"pyrolysis or different types of"},{"speaker":"Grant Gibson","startTime":1689.91,"endTime":1694.04,"body":"thermal treatments to where you can"},{"speaker":"Grant Gibson","startTime":1689.91,"endTime":1694.04,"body":"basically create a syngas and then"},{"speaker":"Grant Gibson","startTime":1694.04,"endTime":1699.3600000000001,"body":"send that syngas back into the It, you"},{"speaker":"Grant Gibson","startTime":1694.04,"endTime":1699.3600000000001,"body":"can run that syngas into the upgrader"},{"speaker":"Grant Gibson","startTime":1699.3600000000001,"endTime":1701.8300000000002,"body":"and then help produce even more RNG."},{"speaker":"Grant Gibson","startTime":1701.8500000000001,"endTime":1705.41,"body":"So, yeah, there's a couple different"},{"speaker":"Grant Gibson","startTime":1701.8500000000001,"endTime":1705.41,"body":"avenues that we're working on right now"},{"speaker":"Grant Gibson","startTime":1705.41,"endTime":1710.26,"body":"that can really I don't know if I'd call"},{"speaker":"Grant Gibson","startTime":1705.41,"endTime":1710.26,"body":"it game changers, but it definitely helps"},{"speaker":"Grant Gibson","startTime":1710.26,"endTime":1715.02,"body":"us a lot because we do want to capture"},{"speaker":"Grant Gibson","startTime":1710.26,"endTime":1715.02,"body":"everything that we produce and make sure"},{"speaker":"Grant Gibson","startTime":1715.02,"endTime":1718.74,"body":"that we're not creating additional burden."},{"speaker":"Grant Gibson","startTime":1718.74,"endTime":1722.7,"body":"We're actually decreasing burden"},{"speaker":"Grant Gibson","startTime":1718.74,"endTime":1722.7,"body":"on the earth on the, in the,"},{"speaker":"Grant Gibson","startTime":1722.7,"endTime":1724.0,"body":"from environmental perspective."},{"speaker":"Grant Gibson","startTime":1724.0,"endTime":1728.76,"body":"So, yeah, I would say that those"},{"speaker":"Grant Gibson","startTime":1724.0,"endTime":1728.76,"body":"are the two big ones for us."},{"speaker":"Grant Gibson","startTime":1728.76,"endTime":1729.77,"body":"I don't see anything."},{"speaker":"Grant Gibson","startTime":1730.56,"endTime":1735.0700000000002,"body":"Like monumental in the next couple"},{"speaker":"Grant Gibson","startTime":1730.56,"endTime":1735.0700000000002,"body":"of years changing for us, but I"},{"speaker":"Grant Gibson","startTime":1735.15,"endTime":1738.8400000000001,"body":"mean that could all change with"},{"speaker":"Grant Gibson","startTime":1735.15,"endTime":1738.8400000000001,"body":"the way technology is advancing."},{"speaker":"Tom Raftery","startTime":1738.865,"endTime":1739.805,"body":"Yeah, yeah, yeah, yeah."},{"speaker":"Tom Raftery","startTime":1740.035,"endTime":1741.325,"body":"And what are you doing"},{"speaker":"Tom Raftery","startTime":1740.035,"endTime":1741.325,"body":"with the tail gases?"},{"speaker":"Grant Gibson","startTime":1743.63,"endTime":1746.68,"body":"Yeah, so we're"},{"speaker":"Grant Gibson","startTime":1743.63,"endTime":1746.68,"body":"working right now actively to"},{"speaker":"Grant Gibson","startTime":1746.68,"endTime":1748.45,"body":"capture all those tail gases."},{"speaker":"Grant Gibson","startTime":1748.89,"endTime":1752.28,"body":"Because with our first facility in"},{"speaker":"Grant Gibson","startTime":1748.89,"endTime":1752.28,"body":"Cincinnati, it'll come online here"},{"speaker":"Grant Gibson","startTime":1752.28,"endTime":1755.91,"body":"later this year, and we hope to"},{"speaker":"Grant Gibson","startTime":1752.28,"endTime":1755.91,"body":"have that ready to go by the time"},{"speaker":"Grant Gibson","startTime":1755.91,"endTime":1757.78,"body":"it's by the time it comes online."},{"speaker":"Grant Gibson","startTime":1758.14,"endTime":1761.0800000000002,"body":"So capturing those tail"},{"speaker":"Grant Gibson","startTime":1758.14,"endTime":1761.0800000000002,"body":"gasses, specifically the CO2,"},{"speaker":"Grant Gibson","startTime":1761.77,"endTime":1765.19,"body":"so it's not a large volume, but it's a,"},{"speaker":"Grant Gibson","startTime":1761.77,"endTime":1765.19,"body":"it's a volume large enough to where it"},{"speaker":"Grant Gibson","startTime":1765.19,"endTime":1769.8700000000001,"body":"makes sense to spend the time, the effort,"},{"speaker":"Grant Gibson","startTime":1765.19,"endTime":1769.8700000000001,"body":"and the money on installing equipment and"},{"speaker":"Grant Gibson","startTime":1769.8700000000001,"endTime":1771.7,"body":"partnering with a company that does that."},{"speaker":"Tom Raftery","startTime":1772.325,"endTime":1773.005,"body":"for what end?"},{"speaker":"Grant Gibson","startTime":1774.92,"endTime":1778.79,"body":"Yeah, so you can capture"},{"speaker":"Grant Gibson","startTime":1774.92,"endTime":1778.79,"body":"the CO2 and you can actually create."},{"speaker":"Grant Gibson","startTime":1778.935,"endTime":1784.295,"body":"You can actually, because our tail"},{"speaker":"Grant Gibson","startTime":1778.935,"endTime":1784.295,"body":"gas, our CO2 tail gas is like 98."},{"speaker":"Grant Gibson","startTime":1784.365,"endTime":1789.545,"body":"9 or almost 99 percent pure so you can"},{"speaker":"Grant Gibson","startTime":1784.365,"endTime":1789.545,"body":"actually produce food grade CO2 from that."},{"speaker":"Grant Gibson","startTime":1790.405,"endTime":1792.395,"body":"So for carbonating, you name it."},{"speaker":"Tom Raftery","startTime":1792.865,"endTime":1793.4950000000001,"body":"right, right."},{"speaker":"Tom Raftery","startTime":1793.4950000000001,"endTime":1793.815,"body":"Okay."},{"speaker":"Tom Raftery","startTime":1794.365,"endTime":1798.815,"body":"And what about any policy"},{"speaker":"Tom Raftery","startTime":1794.365,"endTime":1798.815,"body":"changes or incentives?"},{"speaker":"Tom Raftery","startTime":1798.815,"endTime":1803.895,"body":"I mean, the IRA was just, as"},{"speaker":"Tom Raftery","startTime":1798.815,"endTime":1803.895,"body":"an Irish person, I shouldn't be"},{"speaker":"Tom Raftery","startTime":1803.895,"endTime":1809.6950000000002,"body":"saying IRA loosely, but the, the"},{"speaker":"Tom Raftery","startTime":1803.895,"endTime":1809.6950000000002,"body":"infrastructure act in the U S or the"},{"speaker":"Grant Gibson","startTime":1809.815,"endTime":1810.4950000000001,"body":"Yeah, yeah."},{"speaker":"Tom Raftery","startTime":1810.505,"endTime":1812.645,"body":"act are"},{"speaker":"Tom Raftery","startTime":1810.505,"endTime":1812.645,"body":"there any policy changes?"},{"speaker":"Tom Raftery","startTime":1812.655,"endTime":1816.045,"body":"Has that helped, for example, or are"},{"speaker":"Tom Raftery","startTime":1812.655,"endTime":1816.045,"body":"there other policy changes that could"},{"speaker":"Tom Raftery","startTime":1816.045,"endTime":1817.615,"body":"or should be made that would help?"},{"speaker":"Grant Gibson","startTime":1817.788,"endTime":1823.288,"body":"there are more, there"},{"speaker":"Grant Gibson","startTime":1817.788,"endTime":1823.288,"body":"seems to be more and more states"},{"speaker":"Grant Gibson","startTime":1823.288,"endTime":1825.698,"body":"adopting a renewable fuel standard."},{"speaker":"Grant Gibson","startTime":1826.1380000000001,"endTime":1829.1680000000001,"body":"I know New Mexico just adopted one."},{"speaker":"Grant Gibson","startTime":1829.703,"endTime":1832.7730000000001,"body":"I think Michigan is pretty close."},{"speaker":"Grant Gibson","startTime":1832.813,"endTime":1835.383,"body":"I think a few states on"},{"speaker":"Grant Gibson","startTime":1832.813,"endTime":1835.383,"body":"the East Coast are close."},{"speaker":"Grant Gibson","startTime":1835.943,"endTime":1840.053,"body":"I think the more states that adopt"},{"speaker":"Grant Gibson","startTime":1835.943,"endTime":1840.053,"body":"a renewable fuel standard will"},{"speaker":"Grant Gibson","startTime":1840.5030000000002,"endTime":1843.813,"body":"encourage more and more RNG production."},{"speaker":"Grant Gibson","startTime":1845.748,"endTime":1849.998,"body":"But again, it lends itself back to"},{"speaker":"Grant Gibson","startTime":1845.748,"endTime":1849.998,"body":"the credit market where you have"},{"speaker":"Grant Gibson","startTime":1849.998,"endTime":1853.508,"body":"renewable fuel standards out west that"},{"speaker":"Grant Gibson","startTime":1849.998,"endTime":1853.508,"body":"are part of that, that are that low"},{"speaker":"Grant Gibson","startTime":1853.508,"endTime":1859.178,"body":"carbon fuel market to where again,"},{"speaker":"Grant Gibson","startTime":1853.508,"endTime":1859.178,"body":"you want to make sure that you foster"},{"speaker":"Grant Gibson","startTime":1859.178,"endTime":1861.608,"body":"growth and adopt an alternative fuels."},{"speaker":"Grant Gibson","startTime":1861.6280000000002,"endTime":1865.358,"body":"But at the same way, same time, you"},{"speaker":"Grant Gibson","startTime":1861.6280000000002,"endTime":1865.358,"body":"have to make sure that you don't have."},{"speaker":"Grant Gibson","startTime":1866.113,"endTime":1871.0430000000001,"body":"Catastrophic market events whether"},{"speaker":"Grant Gibson","startTime":1866.113,"endTime":1871.0430000000001,"body":"it's a shift in policy once the RFS is"},{"speaker":"Grant Gibson","startTime":1871.0430000000001,"endTime":1875.583,"body":"set up, and then if you have a major"},{"speaker":"Grant Gibson","startTime":1871.0430000000001,"endTime":1875.583,"body":"shift in policy that that can again"},{"speaker":"Grant Gibson","startTime":1875.583,"endTime":1879.733,"body":"create a catastrophic event, but I"},{"speaker":"Grant Gibson","startTime":1875.583,"endTime":1879.733,"body":"think the more and more that states"},{"speaker":"Grant Gibson","startTime":1879.733,"endTime":1886.433,"body":"adopt renewable fuel standards I think"},{"speaker":"Grant Gibson","startTime":1879.733,"endTime":1886.433,"body":"that'll help a lot I mean, yeah, and"},{"speaker":"Grant Gibson","startTime":1886.433,"endTime":1891.2630000000001,"body":"then we'll see what, I know that more"},{"speaker":"Grant Gibson","startTime":1886.433,"endTime":1891.2630000000001,"body":"and more large truck, large truck engine"},{"speaker":"Grant Gibson","startTime":1891.2630000000001,"endTime":1893.073,"body":"manufacturers are coming out with them."},{"speaker":"Grant Gibson","startTime":1894.433,"endTime":1898.2930000000001,"body":"Engines more geared towards compressed"},{"speaker":"Grant Gibson","startTime":1894.433,"endTime":1898.2930000000001,"body":"natural gas and I mean you can do"},{"speaker":"Grant Gibson","startTime":1898.2930000000001,"endTime":1903.053,"body":"the same with RNG pretty easily It's"},{"speaker":"Grant Gibson","startTime":1898.2930000000001,"endTime":1903.053,"body":"the same it just instead of just CNG."},{"speaker":"Grant Gibson","startTime":1903.053,"endTime":1903.943,"body":"It's our CNG."},{"speaker":"Grant Gibson","startTime":1903.943,"endTime":1907.913,"body":"So, Yeah, we'll see what happens I"},{"speaker":"Grant Gibson","startTime":1903.943,"endTime":1907.913,"body":"mean from the equipment standpoint and"},{"speaker":"Grant Gibson","startTime":1907.913,"endTime":1912.363,"body":"then also on the on the policy side"},{"speaker":"Grant Gibson","startTime":1907.913,"endTime":1912.363,"body":"at the state level I think those will"},{"speaker":"Grant Gibson","startTime":1912.363,"endTime":1917.173,"body":"be some those will provide additional"},{"speaker":"Grant Gibson","startTime":1912.363,"endTime":1917.173,"body":"growth areas for the industry as a whole"},{"speaker":"Tom Raftery","startTime":1918.4080000000001,"endTime":1918.938,"body":"Fantastic."},{"speaker":"Tom Raftery","startTime":1920.4080000000001,"endTime":1924.088,"body":"There's a lot of talk these days,"},{"speaker":"Tom Raftery","startTime":1920.4080000000001,"endTime":1924.088,"body":"Grant, about circular economy."},{"speaker":"Tom Raftery","startTime":1924.598,"endTime":1929.3780000000002,"body":"And what you're doing with"},{"speaker":"Tom Raftery","startTime":1924.598,"endTime":1929.3780000000002,"body":"anaerobic digestion is."},{"speaker":"Tom Raftery","startTime":1929.933,"endTime":1937.373,"body":"Obviously circular, particularly if"},{"speaker":"Tom Raftery","startTime":1929.933,"endTime":1937.373,"body":"you were taking a food waste in doing"},{"speaker":"Tom Raftery","startTime":1937.373,"endTime":1942.5030000000002,"body":"the digestion and then selling the gas"},{"speaker":"Tom Raftery","startTime":1937.373,"endTime":1942.5030000000002,"body":"back to the companies from whom you"},{"speaker":"Tom Raftery","startTime":1942.5030000000002,"endTime":1947.323,"body":"bought the food or food waste or who"},{"speaker":"Tom Raftery","startTime":1942.5030000000002,"endTime":1947.323,"body":"you didn't buy it, who you accepted"},{"speaker":"Tom Raftery","startTime":1947.323,"endTime":1954.723,"body":"the food waste from is that A, an"},{"speaker":"Tom Raftery","startTime":1947.323,"endTime":1954.723,"body":"angle you're using in selling the,"},{"speaker":"Tom Raftery","startTime":1954.733,"endTime":1958.213,"body":"the gas, or in marketing what you do."},{"speaker":"Grant Gibson","startTime":1960.728,"endTime":1964.248,"body":"Yes, absolutely, I mean"},{"speaker":"Grant Gibson","startTime":1960.728,"endTime":1964.248,"body":"that's where I was alluding to that"},{"speaker":"Grant Gibson","startTime":1964.258,"endTime":1969.423,"body":"earlier around just part of the, what"},{"speaker":"Grant Gibson","startTime":1964.258,"endTime":1969.423,"body":"makes us different is that we're able"},{"speaker":"Grant Gibson","startTime":1969.423,"endTime":1972.093,"body":"to offer different products in return."},{"speaker":"Grant Gibson","startTime":1972.133,"endTime":1975.213,"body":"So when it comes to the"},{"speaker":"Grant Gibson","startTime":1972.133,"endTime":1975.213,"body":"environmental attributes piece of it."},{"speaker":"Grant Gibson","startTime":1975.643,"endTime":1980.5030000000002,"body":"So if a customer, a manufacturer says,"},{"speaker":"Grant Gibson","startTime":1975.643,"endTime":1980.5030000000002,"body":"Hey, I want to send you 20, 000 tons"},{"speaker":"Grant Gibson","startTime":1980.5030000000002,"endTime":1984.7430000000002,"body":"a year, then we're able to create that"},{"speaker":"Grant Gibson","startTime":1980.5030000000002,"endTime":1984.7430000000002,"body":"circularity to where the waste can come"},{"speaker":"Grant Gibson","startTime":1984.7430000000002,"endTime":1988.3680000000002,"body":"to us, produces the renewable fuel,"},{"speaker":"Grant Gibson","startTime":1984.7430000000002,"endTime":1988.3680000000002,"body":"and then from there, We're able to"},{"speaker":"Grant Gibson","startTime":1988.3680000000002,"endTime":1992.848,"body":"send back not only physical molecules"},{"speaker":"Grant Gibson","startTime":1988.3680000000002,"endTime":1992.848,"body":"being the get the RNG, but then also"},{"speaker":"Grant Gibson","startTime":1992.848,"endTime":1994.6280000000002,"body":"the environmental attributes as well."},{"speaker":"Grant Gibson","startTime":1994.6280000000002,"endTime":1995.808,"body":"So, yes, absolutely."},{"speaker":"Tom Raftery","startTime":1997.333,"endTime":1998.0230000000001,"body":"Okay, cool."},{"speaker":"Tom Raftery","startTime":1998.853,"endTime":2000.653,"body":"We're coming towards"},{"speaker":"Tom Raftery","startTime":1998.853,"endTime":2000.653,"body":"the end of the podcast."},{"speaker":"Tom Raftery","startTime":2000.673,"endTime":2006.153,"body":"Now, Grant, is there any question I did"},{"speaker":"Tom Raftery","startTime":2000.673,"endTime":2006.153,"body":"not ask that you wish I had or any aspect"},{"speaker":"Tom Raftery","startTime":2006.153,"endTime":2007.463,"body":"of this we haven't touched on that."},{"speaker":"Tom Raftery","startTime":2007.463,"endTime":2009.353,"body":"You think it's important"},{"speaker":"Tom Raftery","startTime":2007.463,"endTime":2009.353,"body":"for people to be aware of?"},{"speaker":"Grant Gibson","startTime":2009.948,"endTime":2012.028,"body":"I mean, not,"},{"speaker":"Grant Gibson","startTime":2009.948,"endTime":2012.028,"body":"not off the top of my head."},{"speaker":"Grant Gibson","startTime":2012.028,"endTime":2016.928,"body":"I mean, I think one of the things that"},{"speaker":"Grant Gibson","startTime":2012.028,"endTime":2016.928,"body":"we have been doing a lot of recently is"},{"speaker":"Grant Gibson","startTime":2017.4080000000001,"endTime":2022.278,"body":"community interaction when it comes to"},{"speaker":"Grant Gibson","startTime":2017.4080000000001,"endTime":2022.278,"body":"When it comes to working with different"},{"speaker":"Grant Gibson","startTime":2022.278,"endTime":2026.818,"body":"community organizations to where one"},{"speaker":"Grant Gibson","startTime":2022.278,"endTime":2026.818,"body":"of the things that we want is, we want"},{"speaker":"Grant Gibson","startTime":2026.828,"endTime":2030.738,"body":"people to understand that, hey, there is"},{"speaker":"Grant Gibson","startTime":2026.828,"endTime":2030.738,"body":"this thing called anaerobic digestion and"},{"speaker":"Grant Gibson","startTime":2030.738,"endTime":2032.518,"body":"then you could also have a career in it."},{"speaker":"Grant Gibson","startTime":2033.363,"endTime":2036.703,"body":"That's one of the things that we've been"},{"speaker":"Grant Gibson","startTime":2033.363,"endTime":2036.703,"body":"partnering with different organizations"},{"speaker":"Grant Gibson","startTime":2036.703,"endTime":2041.223,"body":"and across the across a couple of"},{"speaker":"Grant Gibson","startTime":2036.703,"endTime":2041.223,"body":"different markets we're in because we want"},{"speaker":"Grant Gibson","startTime":2041.223,"endTime":2047.0030000000002,"body":"to provide educational tools to where that"},{"speaker":"Grant Gibson","startTime":2041.223,"endTime":2047.0030000000002,"body":"youth can go and tour and understand, oh,"},{"speaker":"Grant Gibson","startTime":2047.0030000000002,"endTime":2051.313,"body":"hey, This is what an anaerobic digester"},{"speaker":"Grant Gibson","startTime":2047.0030000000002,"endTime":2051.313,"body":"does, this is what it produces, and that"},{"speaker":"Grant Gibson","startTime":2051.313,"endTime":2053.793,"body":"there is this potential career for me."},{"speaker":"Grant Gibson","startTime":2054.063,"endTime":2057.073,"body":"And, and, and it's much different"},{"speaker":"Grant Gibson","startTime":2054.063,"endTime":2057.073,"body":"than anything else that's out there."},{"speaker":"Grant Gibson","startTime":2057.073,"endTime":2059.203,"body":"So, yeah, we've been doing a lot of that."},{"speaker":"Grant Gibson","startTime":2059.303,"endTime":2064.153,"body":"I think that'll just become more and"},{"speaker":"Grant Gibson","startTime":2059.303,"endTime":2064.153,"body":"more important to us as we advance our"},{"speaker":"Grant Gibson","startTime":2064.153,"endTime":2065.843,"body":"facilities in the different markets."},{"speaker":"Grant Gibson","startTime":2065.903,"endTime":2071.368,"body":"Because one, we want to, We always want"},{"speaker":"Grant Gibson","startTime":2065.903,"endTime":2071.368,"body":"to be a good neighbor and a big part and"},{"speaker":"Grant Gibson","startTime":2071.368,"endTime":2076.438,"body":"contributor of the, the local community"},{"speaker":"Grant Gibson","startTime":2071.368,"endTime":2076.438,"body":"because not only from a jobs perspective,"},{"speaker":"Grant Gibson","startTime":2076.768,"endTime":2081.708,"body":"I mean, we're not a large job creator"},{"speaker":"Grant Gibson","startTime":2076.768,"endTime":2081.708,"body":"as far as the number of people that"},{"speaker":"Grant Gibson","startTime":2081.708,"endTime":2086.768,"body":"will have employed at each facility,"},{"speaker":"Grant Gibson","startTime":2081.708,"endTime":2086.768,"body":"but when it comes to the education"},{"speaker":"Grant Gibson","startTime":2086.768,"endTime":2091.2980000000002,"body":"piece, I mean, and it's just like when"},{"speaker":"Grant Gibson","startTime":2086.768,"endTime":2091.2980000000002,"body":"I go, when I look back at what I did in"},{"speaker":"Grant Gibson","startTime":2091.2980000000002,"endTime":2094.718,"body":"commercial composting, I mean, I felt"},{"speaker":"Grant Gibson","startTime":2091.2980000000002,"endTime":2094.718,"body":"like I was doing like, When the weather"},{"speaker":"Grant Gibson","startTime":2094.718,"endTime":2099.218,"body":"was decent out, I was doing a tour"},{"speaker":"Grant Gibson","startTime":2094.718,"endTime":2099.218,"body":"almost every single day during the week."},{"speaker":"Grant Gibson","startTime":2099.618,"endTime":2103.018,"body":"And the same applies to our facilities"},{"speaker":"Grant Gibson","startTime":2099.618,"endTime":2103.018,"body":"because we want people to understand"},{"speaker":"Grant Gibson","startTime":2103.018,"endTime":2106.988,"body":"that hey, there is this way to not send"},{"speaker":"Grant Gibson","startTime":2103.018,"endTime":2106.988,"body":"waste, whether it's down the drain,"},{"speaker":"Grant Gibson","startTime":2106.988,"endTime":2110.708,"body":"to the landfill, for land application,"},{"speaker":"Grant Gibson","startTime":2106.988,"endTime":2110.708,"body":"whatever it may be, that we can actually"},{"speaker":"Grant Gibson","startTime":2110.708,"endTime":2114.538,"body":"capture the energy from it and produce"},{"speaker":"Grant Gibson","startTime":2110.708,"endTime":2114.538,"body":"this renewable fuel in a way that"},{"speaker":"Grant Gibson","startTime":2114.858,"endTime":2116.448,"body":"really just makes sense for everybody."},{"speaker":"Tom Raftery","startTime":2117.293,"endTime":2119.4030000000002,"body":"nice, nice,"},{"speaker":"Tom Raftery","startTime":2117.293,"endTime":2119.4030000000002,"body":"good, great, great."},{"speaker":"Tom Raftery","startTime":2120.033,"endTime":2124.293,"body":"Grant, if people would like to know"},{"speaker":"Tom Raftery","startTime":2120.033,"endTime":2124.293,"body":"more about yourself or any of the things"},{"speaker":"Tom Raftery","startTime":2124.293,"endTime":2127.093,"body":"we discussed in the podcast today,"},{"speaker":"Tom Raftery","startTime":2124.293,"endTime":2127.093,"body":"where would you have me direct them?"},{"speaker":"Grant Gibson","startTime":2128.568,"endTime":2131.878,"body":"Yeah, we'd have everybody"},{"speaker":"Grant Gibson","startTime":2128.568,"endTime":2131.878,"body":"go to our website, which is www."},{"speaker":"Grant Gibson","startTime":2131.878,"endTime":2132.538,"body":"synthica."},{"speaker":"Grant Gibson","startTime":2133.948,"endTime":2138.318,"body":"com, so S Y N T H I C A dot com."},{"speaker":"Tom Raftery","startTime":2139.623,"endTime":2139.9030000000002,"body":"Great."},{"speaker":"Tom Raftery","startTime":2140.6530000000002,"endTime":2141.6330000000003,"body":"Grant, that's been fascinating."},{"speaker":"Tom Raftery","startTime":2141.6330000000003,"endTime":2143.283,"body":"Thanks a million for coming"},{"speaker":"Tom Raftery","startTime":2141.6330000000003,"endTime":2143.283,"body":"on the podcast today."},{"speaker":"Grant Gibson","startTime":2144.698,"endTime":2147.2580000000003,"body":"Yep, Tom, thanks,"},{"speaker":"Grant Gibson","startTime":2144.698,"endTime":2147.2580000000003,"body":"greatly appreciate you having me on."},{"speaker":"Tom Raftery","startTime":2148.28,"endTime":2150.15,"body":"Okay, we've"},{"speaker":"Tom Raftery","startTime":2148.28,"endTime":2150.15,"body":"come to the end of the show."},{"speaker":"Tom Raftery","startTime":2150.87,"endTime":2151.98,"body":"Thanks everyone for listening."},{"speaker":"Tom Raftery","startTime":2152.84,"endTime":2156.9900000000002,"body":"If you'd like to know more about the"},{"speaker":"Tom Raftery","startTime":2152.84,"endTime":2156.9900000000002,"body":"Climate Confident podcast, feel free to"},{"speaker":"Tom Raftery","startTime":2157.0,"endTime":2160.91,"body":"drop me an email to tomraftery at outlook."},{"speaker":"Tom Raftery","startTime":2161.16,"endTime":2164.64,"body":"com or message me on LinkedIn or Twitter."},{"speaker":"Tom Raftery","startTime":2165.21,"endTime":2168.9500000000003,"body":"If you like the show, please don't"},{"speaker":"Tom Raftery","startTime":2165.21,"endTime":2168.9500000000003,"body":"forget to click follow on it in your"},{"speaker":"Tom Raftery","startTime":2168.9700000000003,"endTime":2173.4500000000003,"body":"podcast application of choice to get new"},{"speaker":"Tom Raftery","startTime":2168.9700000000003,"endTime":2173.4500000000003,"body":"episodes as soon as they're published."},{"speaker":"Tom Raftery","startTime":2174.08,"endTime":2177.04,"body":"Also, please don't forget to"},{"speaker":"Tom Raftery","startTime":2174.08,"endTime":2177.04,"body":"rate and review the podcast."},{"speaker":"Tom Raftery","startTime":2177.2400000000002,"endTime":2179.77,"body":"It really does help new"},{"speaker":"Tom Raftery","startTime":2177.2400000000002,"endTime":2179.77,"body":"people to find the show."},{"speaker":"Tom Raftery","startTime":2180.86,"endTime":2181.31,"body":"Thanks."},{"speaker":"Tom Raftery","startTime":2181.98,"endTime":2182.9,"body":"Catch you all next time."}]}