Ed Ballard writes in The Wall Street Journal on Shopify’s investments in clean technologies.
- Since 2019 the E-commerce giant has invested $32 million into carbon removal projects.
- They have recently funded a San Francisco-based startup called Noya Inc., which captures CO2 from cooling towers on buildings.
- Noya estimates that one office cooling tower would be able to remove 100 metric tons of CO2 per year.
- Private sector innovation is accelerating green technologies.
Read the full article here.