Stripe: Commits further $6 million to carbon removal efforts
- Stripe is a technology company that builds economic infrastructure for the internet
- The company made $6 million in carbon removal purchases from four new companies
- These purchases, evaluated by 13 climate science experts, cover a wide range of technologies
- IPCC models project that achieving net-zero emissions by 2050 will require both radical emissions reductions
- The pipeline of available technologies capable of delivering carbon removal at this scale is simply not big enough
- With these purchases, the company has added four new technologies to its climate portfolio with a high potential to scale
