08 Jun Carbon-Removal Industry Draws Billions to Fight Climate Change
Posted at 07:22h
in Sustainability
In the past two months, businesses and investors have pledged roughly $2 billion to back emerging technologies that promise to remove carbon dioxide from the atmosphere, which is seen as crucial to limiting climate change.
The commitments to the nascent industry of carbon removal have boosted its financial backing by about 30 times. The promised cash is turning carbon removal into a hotbed of technical and financial innovation.
Published by Amrith Ramkumar and Ed Ballard in Wall Street Journal.
