Google has agreed to pay a small startup Holocene Climate $10 million in advance to remove 100,000 metric tons of carbon dioxide from the atmosphere by 2034. Google is getting a bargain price for waiting 10 years – $100 per ton — a price no other direct air capture company can yet match. Holocene gets a huge infusion of cash and a blue-chip customer.
Google breaks the mold with new kind of carbon removal deal
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