News Formal

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

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 27 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How one company is using rocks to solve Big Tech's carbon woesBig Tech is investing in carbon removal companies to achieve net-zero climate goals. One surprisingly low-tech solution receiving funding is the startup...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »