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.