Topic: carbon removal
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Big Business Is Failing at Carbon Removal
Achieving net-zero by 2050 is essential to limit catastrophic warming, but current corporate efforts are falling short by prioritizing temporary solutions over lasting change. Many corporations rely on short-term carbon storage methods like tree-planting, which lack the permanence needed to genui...
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Microsoft invests in 3.6M tons of carbon removal
Microsoft will purchase 3.6 million carbon removal credits from a future Louisiana biofuels plant that converts forestry waste into methanol and captures CO2 for storage. This deal is part of a series of large-scale carbon removal investments by Microsoft, totaling millions of metric tons with ot...
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Boeing's Carbon Problem: How Charm Industrial Is Cleaning Up
Boeing has partnered with Charm Industrial to eliminate 100,000 metric tons of atmospheric carbon by purchasing carbon removal credits, supporting sustainability through innovative technology. The aviation industry is investing in carbon offsets as a more immediate and cost-effective alternative ...
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The Download: Carbon Removal's Next Era and an App That Measures Pain
The carbon removal industry is experiencing consolidation and reduced funding, moving from initial hype to a more challenging phase of development. A new AI application has been developed to objectively measure pain, offering a reliable alternative to traditional patient self-reporting methods. T...
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Tech Giants Back Terradot in Carbon Removal Acquisition
Terradot, a tech-backed startup, is acquiring competitor Eion, driven by investor preference for firms capable of executing large-scale carbon removal contracts. Both companies use enhanced rock weathering, a technique that removes COâ‚‚ by applying crushed minerals to farmland, but its scalability...
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AI Startup Helps Rice Farmers Fight Climate Change
Mitti Labs uses AI and satellite technology to measure and reduce methane emissions from rice farming, a major source of this potent greenhouse gas. The company partners with organizations like The Nature Conservancy to promote sustainable farming practices in India, providing financial incentive...
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Kering-backed Mirova invests $30.5M in Varaha for regenerative farming
Mirova, a French climate-focused investment firm, has invested $30.5 million in Indian startup Varaha to expand its regenerative agriculture program, benefiting small-scale farmers in northern India. The investment is structured to provide cash in exchange for a share of future carbon credits, ma...
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NYC Startup's Fridge-Sized Device Makes Gasoline From Air
Aircela has developed a device that captures atmospheric carbon dioxide and water vapor, using electricity to synthesize carbon-neutral gasoline, provided the power is renewable. The current unit is limited, producing only about one gallon of fuel per day at a high upfront cost of $15,000-$20,000...
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