Why Big Tech Is Pouring Money Into Carbon Removal

CNBC published this video item, entitled “Why Big Tech Is Pouring Money Into Carbon Removal” – below is their description.

The market for removing carbon dioxide from the atmosphere is expanding rapidly, as major tech companies are funneling nearly a billion dollars to early-stage startups that are experimenting with various methods of carbon capture and sequestration to fight climate change. While government incentives like carbon pricing will ultimately be necessary to make carbon removal profitable, this influx of early funding could help nascent carbon removal companies scale up their tech and bring costs down.

00:00 — Intro

1:56 — Chapter 1

5:00 — Chapter 2

12:15 — Chapter 3

CNBC YouTube Channel

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About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

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