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As ExxonMobil asks for handouts, startups get to work on carbon capture and sequestration – TechCrunch

Earlier this week, ExxonMobil, a company among the largest producers of greenhouse gas emissions and a longtime leader in the corporate fight against climate change regulations, called for a massive $100 billion project (backed in part by the government) to sequester hundreds of millions of metric tons of carbon dioxide in geologic formations off the Gulf […]

Can carbon offsets make up for the environmental impacts of NFTs?

Can carbon offsets make up for the environmental impacts of NFTs? A new platform called Aerial calculates the emissions of nonfungible tokens and lets you pay for carbon offsets. By c/o Aerial Story at a glance NFTs, or nonfungible tokens, are digital assets whose sole rights can be purchased digitally thanks to cryptocurrency blockchains like Ethereum. These digital assets can take the form of anything from a tweet to a song to a picture, and they ve racked up a lot of controversy thanks to the toll they take on the environment. New platforms like Aerial have popped up in response, allowing people to quantify the environmental effects of NFTs and subsequently pay money for carbon offsets.

Large-scale CO2 removal startup Carbo Culture raises $6 2M Seed led by True Ventures

Large-scale CO2 removal startup Carbo Culture raises $6 2M Seed led by True Ventures
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Large-scale CO2 removal startup Carbo Culture raises $6 2M Seed led by True Ventures – TechCrunch

Large-scale CO2 removal startup Carbo Culture raises $6.2M Seed led by True Ventures Carbo Culture a startup that has scaled an industrial process to create large-scale CO2 removal using woody waste from agriculture and forests has raised $6.2 million in seed a financing round led by Silicon Valley VC True Ventures. The round was co-led by European early-stage venture firm Cherry Ventures. Swiss climate investor Übermorgen Ventures also participated. The new funding will be used to grow the team, product development, and build one of Europe’s largest carbon removal facilities.  Energy from the sun creates photosynthesis in plants and turning CO2 into plant matter that eventually decomposes and re-enters the atmosphere. Carbo Culture mimics this existing process, it just makes it much, much faster.

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