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Tech companies driving CO2 removal are in financial free fall

E&E News · November 3, 2022

A handful of major corporations that founded the Frontier climate initiative have been rocked by financial and legal challenges, raising questions about their nearly $1 billion bid to remove carbon from the atmosphere. Taken together, the financial tumult battering the high-profile coalition for advancing carbon-catching technologies illustrates the danger of relying on corporations to fund climate innovations that scientists say are essential to prevent the worst effects of warming.


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