Saved by Mark Fishman
We’ve Never Seen a Carbon-Removal Plan Like This Before
So Stripe’s job is to be the buyer of first resort: the “demand-side signal” that a market exists for carbon removal. It is guaranteeing, in some ways, the existence of a future market for direct carbon removal.
Robinson Meyer • A Start-Up’s Unusual Plan to Suck Carbon Out of the Sky
Stripe may now have more knowledge of the carbon-removal market than any other private company. In this era of greenwashing and sustainable everything, its program, called Stripe Climate, is one of the most compelling corporate climate initiatives now running.
Robinson Meyer • A Start-Up’s Unusual Plan to Suck Carbon Out of the Sky
The new subsidy, modeled broadly on ones for renewable energy, gave developers a credit topping out at $50 for every ton of waste carbon dioxide they captured and geologically stored.