Katie Brigham writes in CNBC about carbon removal.
- As the need to address climate change becomes more urgent, the private sector is stepping up.
- In April several companies including Stripe, Shopify, McKinsey, and others pledged to buy $925 million worth of carbon removal by 2030 to accelerate innovation and lower costs.
- Once it is removed, applications for the carbon vary greatly.
- Some companies dissolve and mineralize the CO2 while others use it to create new products like concrete or alcohol.
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.