Microsoft, Salesforce Add $300 Million to Carbon Removalâs Growing Cash Pile
A new initiative is helping direct funding to expensive but necessary climate solutions like negative emissions technologies.
Direct air capture coalition launches
Until now, it has been left to individual players in the nascent air capture space to explain what it is and set goals.
DAC is growing up
In the high school that is climate tech, direct air capture companies are the freshmen: shiny-cheeked, eager and barely able to picture adulthood.Right now, the technology s future remains a little hazy: Will it succeed, crash and burn, or something in between? Like any crop of freshmen, these DAC c…
Swiss Re, UBS among founding buyers in carbon removal scheme
Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere.
