Sergey Brin-Backed Carbon Removal Startup Nears Firing Up Its New Plant [BNN Bloomberg (Canada)]
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Source: BNN Bloomberg
Efforts to suck carbon dioxide out of the ambient air are still fledgling, with the biggest DAC plant in the world currently removing just 4,000 tons annually. That's equivalent to just a few seconds of humanity's emissions. But cleaning up the atmosphere is critical to meeting global net-zero goals. Many companies, from Microsoft Corp. to Meta Platforms Inc., have already paid millions of dollars to nascent startups to remove CO2 in the future. Doing so is an essential part of their own corporate climate targets. John Pimentel is leading one of these moonshot efforts as the new chief executive officer of 280 Earth, a DAC startup spun out of Alphabet's X lab. He believes his startup's technology sidesteps some of the main challenges facing the DAC industry, such as energy intensity and high costs. The two-year-old company is in the final stages of commissioning its first 500-ton commercial demonstration plant in The Dalles, Oregon. In his first public conversation since taking o
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