Stripe, Alphabet, Meta, Shopify, and McKinsey launch new carbon removal initiative

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Stripe, Alphabet, Meta, Shopify, and McKinsey launch new carbon removal initiative
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They made a $925 million pledge.

Climeworks factory with it’s fans in front of the collector, drawing in ambient air and release it, as largely purified CO2 through ventilators at the back is seen at the Hellisheidi power plant near Reykjavik on October 11, 2021.Big names in tech and consulting just made a $925 million commitment to purchase captured carbon between now and 2030. The pledge — made by

Stripe, Alphabet, Meta, Shopify, and McKinsey — marks a big investment in carbon removal technologies., is supposed to scale up deployment of the still-emerging tech, while making it more affordable for other companies who are also looking to purchase captured carbon as a way to make up for some of the planet-heating pollution they produce.

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