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The US just invested more than $1 billion into carbon removal / The move represents a big step in the effort to suck CO2 out of the atmosphere—and slow down climate change. (archive.ph)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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The US just invested more than $1 billion into carbon removal / The move represents a big step in the effort to suck CO2 out of the atmosphere—and slow down climate change.::undefined

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[–] harry315@feddit.de 3 points 1 year ago

There's this concept of CO2 trading in europe. Basically a very dirty compania buys certificates from cleaner ones (or CO2 negative companies, like that hypothetical tree burying company). These allow dirtycorp. to pollute the air, while giving clean Inc. the ability and the monetary resources to pull CO2 from the air.