The airline will pay a startup that’s basically mummifying plant matter to clean up carbon dioxide emissions.
By Justine Calma, The Verge
American Airlines signed a deal to trap 10,000 tons of carbon dioxide underground. It’s part of the airline’s plans to limit the pollution causing climate change, and it marks the first major deal for the Bill Gates-backed startup Graphyte that’s developing cutting-edge technology to tackle the problem.
Similar startups are selling services to big brands that want to draw down some of the planet-heating emissions they release into the atmosphere. They’re developing technology that filters CO2 out of the air or seawater — equipment that’s so expensive that it hasn’t been able to scale enough to make a meaningful dent in carbon emissions.
It marks the first major deal for the Bill Gates-backed startup Graphyte that’s developing cutting-edge technology
Graphyte is unique because it relies on a seemingly simple process to permanently store carbon underground, making its strategy way more affordable than its competitors. With a giant like American Airlines as its first customer, Graphyte has a chance to prove whether its technology can overcome challenges other carbon credit schemes face.
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