Why companies like Stripe, Meta and Alphabet are bankrolling carbon removal startups

The market for removing carbon dioxide from the atmosphere is expanding rapidly, as major tech companies are funneling nearly a billion dollars to early-stage startups experimenting with various methods of carbon capture and sequestration to fight climate change. While government incentives like carbon pricing will ultimately be necessary to make carbon removal profitable, this influx of early funding could help nascent carbon removal companies scale up their technology and bring costs down.

Watch Now

No responses yet

Leave a Reply

Your email address will not be published. Required fields are marked *