Sergey Brin-Backed Carbon Removal Startup Nears Firing Up Its New Plant [Financial Post (Toronto, Ontario, Canada)]
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Of all the climate technologies under development, direct air capture (DAC) is perhaps the biggest reach. 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. Article content Article content 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
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