A climate startup removes carbon from open air in a first for the industry, potentially launching an industry to address climate change
One of the most important technologies to address climate change got a boost Thursday when a startup said it pulled carbon dioxide from the open air and stored it underground.
The company has cashed in on the effort, potentially creating a viable business model that could kick-start a new industry.from the atmosphere, using a process known as direct-air capture. Customers, including Microsoft Corp. , paid a significant premium to buy carbon credits generated by Climeworks, allowing them to effectively offset their own emissions.
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