Climate tech firms get $80 million to pull carbon from paper mills, sewage plant

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SAN FRANCISCO - Google, H&M, Stripe and other members of the climate-focused Frontier coalition will buy $80 million of carbon credits from a firm using oil industry technology to capture paper mill emissions and another using rocks to do the same at sewage plants.While U.S.

An employee of a wastewater treatment plant on the island of Psyttalia, Greece December 2, 2020.

It's a version of a much-discussed process to capitalize on some rocks' natural tendency to capture CO2.

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Article Details

Category: EconomyBusiness

Markets: SingaporeGreece

Topics: Tons Carbon Emissions Frontier Million Credits Paper Technology Capture Efforts Technologies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 20:09:43 (6 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 410 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 24505769

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Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 25 posts per day

Year Established: 1999

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News Last Updated: 1 hours ago

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Publisher ID: #27

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