1 00:00:00,040 --> 00:00:01,760 Speaker 1: And in the climate battle. This is good news. I 2 00:00:01,760 --> 00:00:03,720 Speaker 1: think we've got progress in the area of what they 3 00:00:03,720 --> 00:00:06,760 Speaker 1: call a methane vaccine. Methone vaccine apparently is the holy 4 00:00:06,880 --> 00:00:10,560 Speaker 1: grail for farming. Scientists are basically wanting to develop antibodies 5 00:00:10,600 --> 00:00:13,360 Speaker 1: that reduce methane emissions from animals. AGRA zero New Zealand's 6 00:00:13,400 --> 00:00:15,800 Speaker 1: chief executive Wayne mcnee's with us. Wayne, very good morning 7 00:00:15,800 --> 00:00:16,120 Speaker 1: to you. 8 00:00:16,840 --> 00:00:17,520 Speaker 2: Good morning Mike. 9 00:00:17,680 --> 00:00:20,079 Speaker 1: On a scale of one to ten in excitement terms, ten, 10 00:00:20,120 --> 00:00:21,959 Speaker 1: you're fizzing. One. You couldn't give a monkey's where are 11 00:00:22,000 --> 00:00:23,120 Speaker 1: we at on that scale? 12 00:00:23,600 --> 00:00:25,799 Speaker 2: You asked me this last time. I think this is 13 00:00:25,960 --> 00:00:28,080 Speaker 2: I'm pretty fizzing about this one. Actually, I reckon I'm 14 00:00:28,120 --> 00:00:30,680 Speaker 2: getting up round this sort of seven or eight. This 15 00:00:30,760 --> 00:00:33,040 Speaker 2: is a really exciting opportunity to try and develop a 16 00:00:33,040 --> 00:00:33,919 Speaker 2: methane vaccine. 17 00:00:33,960 --> 00:00:36,400 Speaker 1: So the thirteen and a half million we're talking about 18 00:00:36,800 --> 00:00:39,320 Speaker 1: is that on a path to a result we know 19 00:00:39,520 --> 00:00:42,080 Speaker 1: eventually will happen, or on a path we just don't 20 00:00:42,120 --> 00:00:43,800 Speaker 1: quite know where we're going yet. 21 00:00:45,400 --> 00:00:47,680 Speaker 2: Look, I think we're on a path to knowing we 22 00:00:47,720 --> 00:00:50,680 Speaker 2: will eventually get there. Another company we've invested in called 23 00:00:50,800 --> 00:00:53,680 Speaker 2: Arka Bio in the United States is proven you can 24 00:00:53,800 --> 00:00:55,760 Speaker 2: make a methane vaccine. Still a lot of work to 25 00:00:55,760 --> 00:00:58,240 Speaker 2: do there, but you know it can be done. So 26 00:00:58,360 --> 00:01:01,960 Speaker 2: the team here, we're investing to develop a bigger team 27 00:01:01,960 --> 00:01:05,880 Speaker 2: with egg Research. Bring the team together with other researchers 28 00:01:06,280 --> 00:01:08,120 Speaker 2: and push hard to get a product that farmers will 29 00:01:08,120 --> 00:01:08,679 Speaker 2: be able to use. 30 00:01:08,720 --> 00:01:11,120 Speaker 1: That sort of answers my question. Are you in competition 31 00:01:11,200 --> 00:01:13,520 Speaker 1: with these other people? How many other people are there? 32 00:01:13,520 --> 00:01:15,040 Speaker 1: And are you collaborating? 33 00:01:16,160 --> 00:01:18,600 Speaker 2: There's only two vaccine companies and we've invested in both 34 00:01:18,640 --> 00:01:21,240 Speaker 2: of them, so yeah, we are looking for them to collaborate. 35 00:01:21,400 --> 00:01:24,959 Speaker 2: But we're investing in a portfolio of possible solutions for farmers, 36 00:01:25,240 --> 00:01:27,360 Speaker 2: partly because some of them may not work, and also 37 00:01:27,400 --> 00:01:29,959 Speaker 2: to give farmers choices so that when these things come 38 00:01:29,959 --> 00:01:32,200 Speaker 2: to market, you know they don't have to do just 39 00:01:32,319 --> 00:01:32,760 Speaker 2: one thing. 40 00:01:33,400 --> 00:01:37,120 Speaker 1: When you get there, How commercial does it become how quickly? 41 00:01:39,200 --> 00:01:41,720 Speaker 2: Yeah? And vaccines a pretty easy to scale. So if 42 00:01:41,720 --> 00:01:43,800 Speaker 2: they can make one that works and what we'd be 43 00:01:43,840 --> 00:01:46,120 Speaker 2: looking for as a twenty to twenty five percent reduction 44 00:01:46,200 --> 00:01:50,080 Speaker 2: over about six months with a single vaccine shot, they're 45 00:01:50,120 --> 00:01:52,200 Speaker 2: pretty easy to scale. I mean we've seen that recently, 46 00:01:52,200 --> 00:01:55,240 Speaker 2: haven't we you can make vaccines quite easily and quite cheaply, 47 00:01:55,320 --> 00:01:56,920 Speaker 2: so you know, once we've got it, it should be 48 00:01:57,000 --> 00:01:57,680 Speaker 2: quite easy to make. 49 00:01:57,840 --> 00:02:00,880 Speaker 1: So if you can reduce methane by twenty five percent, 50 00:02:01,000 --> 00:02:02,639 Speaker 1: what does that do to the climate debate? 51 00:02:04,080 --> 00:02:06,040 Speaker 2: That makes a huge difference. It would be massive if 52 00:02:06,040 --> 00:02:08,080 Speaker 2: we can get there with a vaccine, because it's relatively 53 00:02:08,160 --> 00:02:12,120 Speaker 2: easy for farmers to administer vaccines already widely used in 54 00:02:12,160 --> 00:02:15,400 Speaker 2: animal health, and this could be you know, for New Zealand, 55 00:02:15,400 --> 00:02:17,760 Speaker 2: it would be huge because we're a pastoral farming system, 56 00:02:17,800 --> 00:02:21,800 Speaker 2: but worldwide, eighty percent of remnants grays on pasture, so 57 00:02:22,120 --> 00:02:23,280 Speaker 2: it would be a massive breakthrough. 58 00:02:23,320 --> 00:02:25,239 Speaker 1: But when you look at the politics and the yankst 59 00:02:25,240 --> 00:02:27,480 Speaker 1: around the ets and all of that sort of thing, 60 00:02:27,520 --> 00:02:30,640 Speaker 1: if you and our biggest dealer is methane emissions, if 61 00:02:30,680 --> 00:02:33,360 Speaker 1: you can do twenty five percent on the farm, that's 62 00:02:33,400 --> 00:02:37,200 Speaker 1: a government re thinking their entire approach, isn't it. 63 00:02:38,200 --> 00:02:40,120 Speaker 2: We've got to get yet there yet, But yes. 64 00:02:40,000 --> 00:02:42,240 Speaker 1: I mean yeah, but with one you told me we're physics. 65 00:02:43,320 --> 00:02:46,600 Speaker 2: Our customers from New Zealand are asking for reductions of 66 00:02:46,680 --> 00:02:49,920 Speaker 2: thirty percent of methane by twenty thirty, so it's a 67 00:02:49,960 --> 00:02:52,359 Speaker 2: big customer ball here from the likes of Nestlie to 68 00:02:52,440 --> 00:02:55,880 Speaker 2: known McDonald's others. So this is this is hopefully part 69 00:02:55,919 --> 00:02:57,840 Speaker 2: of the solution for that. There's still a way to go, 70 00:02:57,880 --> 00:02:59,959 Speaker 2: though I am passing it as an exciting opportunity. 71 00:03:00,120 --> 00:03:01,640 Speaker 1: Okay, we'll get you back on and I'll ask you 72 00:03:01,680 --> 00:03:03,120 Speaker 1: the same question for the third time to see how 73 00:03:03,240 --> 00:03:05,120 Speaker 1: we go. So you can't make me down for consistency, 74 00:03:05,120 --> 00:03:07,840 Speaker 1: Wayne McNee Who's where do you go from visiting well way? 75 00:03:08,080 --> 00:03:10,680 Speaker 1: That's that's a that's a very good point. For more 76 00:03:10,720 --> 00:03:13,800 Speaker 1: from the Mic Asking Breakfast, listen live to news talks 77 00:03:13,840 --> 00:03:17,040 Speaker 1: it'd be from six am weekdays, or follow the podcast 78 00:03:17,080 --> 00:03:17,959 Speaker 1: on iHeartRadio.