Carbon-Removal Industry Draws Billions to Fight Climate Change – The Wall Street Journal

by | Jun 8, 2022 | Climate Change

In the past two months, businesses and investors have pledged roughly $2 billion to back emerging technologies that promise to remove carbon dioxide from the atmosphere, which is seen as crucial to limiting climate change.
The commitments to the nascent industry of carbon removal have boosted its financial backing by about 30 times. The promised cash is turning carbon removal into a hotbed of technical and financial innovation.

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