Big Tech is pouring millions into the wrong climate solution at Davos
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Summary
Filed under:The carbon removal tech they’re funding isn’t really meant to tackle Big Tech’s own emissions Alphabet, Microsoft, and Salesforce today pledged $500 million to new climate tech that’s supposed to pull carbon dioxide out of the atmosphere to keep it from heating up the planet. But for tech companies with much of their business and related emissions in data centers, there’s little excuse for them not to prevent much of their pollution in the first place.Tech giants that are hyping up carbon removal say that they’re setting up the fledgling CDR market to make it easier for other companies to jump aboard. Microsoft will “serve as an expert partner by sharing lessons from its carbon removal auctions,” the World Economic Forum says of the new $500 million commitment Big Tech made in Davos.
As said here by Justine Calma