Stripe, the digital payments startup, wants its customers to get in the carbon removal business. Through a new tool called Stripe Climate, the first of its kind for online businesses, users can contribute a fraction of their revenue to projects that permanently remove carbon from the atmosphere—something that’s necessary for the world to do in order to meet climate goals, even if emissions shrink to zero. advertisement commit $1 million to help support nascent carbon-removal technology, and unveiled the first projects it’s backing last May: A company that sucks carbon directly from the air, another that creates “bio-oil” that can be injected underground, a company that sequesters carbon in concrete, and a startup that plans to spread a mineral called olivine on beaches, where it will interact with waves to capture carbon. Stripe’s customers can now help fund the same work with a few clicks. Businesses can put a badge on their site telling customers their purchases are going toward carbon removal (Stripe itself isn’t taking any percentage of the funds). So far, more than 25 beta users have resulted in hundreds of thousands of dollars being directed to the projects. advertisement advertisement advertisement
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