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The $40 Billion Fund That s Gambling With Europe s Climate Goal

(Bloomberg) A solar panel manufacturer that’s laying off workers. A battery maker that spurned Europe for American subsidies. A green hydrogen project stalled for lack of electricity.Most Read from BloombergTrump’s Net Worth Drops $1 Billion as Social Media Firm SinksA Million Simulations, One Verdict for US Economy: Debt Danger AheadErdogan Suffers Historic Loss in Turkey Municipal ElectionsTrump Media’s Business Doesn’t MatterCaribbean Golden Passport Cost Soars to $200,000 on EU CrackdownT

Burying plant waste removes CO2 from the air But can it scale?

In Arkansas, millions of acres of spindly pines and hardwood trees are logged every year to make plywood, planks and paper, a process that generates plenty of bark, sawdust and other woody waste. Still more land across the state is carpeted by low and grassy rice crops, which leave behind husks and stalks after every harvest.

Even under capitalism, there is hope for climate change solutions

The book contains several more stories. ‘The Reformer’ is about the CEO of a US oil MNC who is investing cash generated from the production of oil in carbon capture. ‘

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