As the climate crisis intensifies, innovative technologies are emerging to tackle the challenge of removing carbon dioxide (CO₂) from the atmosphere. These advancements are crucial in the fight against climate change, as they help mitigate the effects of excess CO₂—a major contributor to global warming.
Direct Air Capture: Climeworks
One such technology is Direct Air Capture (DAC), exemplified by Climeworks. This pioneering company uses renewable geothermal energy and waste heat to capture CO₂ directly from the air. The captured CO₂ is then permanently stored underground in basaltic rock formations. Climeworks’ technology is a game-changer in the carbon removal landscape, as it can scale up to remove significant amounts of CO₂ over time. Through Stripe Climate, Climeworks will remove 322 tons of CO₂ on behalf of participating businesses.
Bio-Oil Sequestration: Charm Industrial
Another innovative approach is bio-oil sequestration, developed by Charm Industrial. This process involves converting biomass into bio-oil, which is then injected deep underground for permanent geologic storage. By turning organic material into a stable form of carbon, Charm Industrial is preventing CO₂ from re-entering the atmosphere. Stripe Climate was Charm’s first customer, and in 2021, they successfully removed 416 tons of CO₂.
The Role of Early Adopters
These technologies are still in their early stages, and like many new innovations, they can be expensive to implement. However, with support from early adopters like Lady Bamboo’s, these carbon removal methods can scale up and become more cost-effective. By investing in these technologies, businesses and consumers alike are helping to accelerate their development and deployment.
Our Commitment to Carbon Removal
At Lady Bamboo’s, we are proud to be part of this movement. Through our partnership with Stripe Climate, 1% of our revenue is contributed to funding these groundbreaking carbon removal technologies. Every purchase you make helps support these vital efforts, bringing us one step closer to a sustainable future.
For more detailed information, please visit the Stripe Climate page.