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by kisamoto 1885 days ago
Stripe bought 416 tons at $600/ton [0] and Shopify has committed $5million annually[1] to carbon removal (including Charm at what I presume is a similar price point)

I am heavily bullish at the growth of carbon removal. Not as an excuse to continue emitting but as a growing awareness of necessity to restore more natural CO₂ levels.

* [0] https://stripe.com/blog/first-negative-emissions-purchases * [1] https://www.shopify.com/about/environment/sustainability-fun...

2 comments

It's truly the only way we'll be able to curve carbon emissions and CO2 ppms. We need a carbon tax now, to create a framework for companies to become accountable for their emissions.
Thanks very interesting. I agree. And if we end up killing our civilation maybe we'll be burying new oil for some future peoples to get similar explosive growth from basically free energy - and hope they learn from our mistakes ;)

Though seems like a tree can easily be more than a tonne and way cheaper than that. Even if worried about keeping the carbon in the forest could bury it too!

This video might be interesting to you https://youtu.be/GmWpFCjh0Fk