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Tech companies bet on carbon removal startups as AI tests climate goals

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Carbon Removal News

Carbon Dioxide Emissions,Karan Mistry,Carbon Market

Carbon removal technologies are becoming increasingly important for companies, particularly for tech giants locked in a fierce battle to become the leader in...

Carbon removal technologies are becoming increasingly important for companies, particularly for tech giants locked in a fierce battle to become the leader in artificial intelligence.

A bank of fans draws air through specialized filters at Climeworks' Mammoth carbon removal plant on May 24, 2024, in Reykjavik, Iceland. Companies are looking to get ahead of that crunch by investing in nascent technologies with clear processes for monitoring, reporting, and verifying the quality of carbon removed.

Methods that rely on agricultural waste are considered cheaper, but they require a lot of land. Planting trees may be among the most economical, but Mistry argues that carbon storage isn’t as permanent.

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