Get the latest tech news
Google announces a market-shifting deal to capture CO2
The $10 million deal is a bargain compared to other carbon removal efforts.
Google just landed a deal to capture planet-heating pollution at a huge bargain: $100 per ton of CO2, the price climate tech startups around the world are racing to achieve in order to make their technologies commercially viable. Timofte and a fellow cofounder previously worked at Climeworks, one of the first carbon removal companies and which is still a major player in the field with clients including Microsoft and JPMorgan Chase. Holocene says its technique is more efficient than others because it’s able to continuously run two chemical loops: one that takes in CO2 from the air and another that produces a pure stream of that captured CO2 so that it can eventually be sequestered underground.
Or read this on The Verge
