Can rocks absorb enough CO2 to fight climate change? These companies think so
Can rocks absorb enough CO2 to fight climate change? These companies think so
Alphabet, Stripe, Shopify and other companies inked a first-of-its-kind deal.
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I feel like there's a lot of these carbon-sequestration companies that are selling absolute poppycock and getting billions in funding, and very little actual oversight. They're doing this song and dance with "carbon credits", and eventually someone's going to peek behind the curtain and blow their cover.
I haven't seen one carbon-sequestration entity yet, besides those that are focused around planting trees, that have actually shown any real results other than vague handwavey bullshit. Like the ones saying they're capturing it out of the air and pumping it underground -- awfully convenient that nobody can fucking verify that it's actually happening eh?
It is a difference between scammers with certificate trading bullshit or science guys who try to make a business case of what science got us.
In carbfix its the latter.
Compared to others which are selling co2 certificates for forests which do not exist.
So what's carbfix's business model? How do they make money doing this? Can YOU, as an individual, verify what their claims are?
Not that I back this in any way but just what I've read: https://www.carbfix.com/proven
70,000 tons "to date" is a heck of a lot less than 37 billion tons annually. It would take over 500,000 identical facilities with no environmental impact to reach net zero.
Yes, now we're tolkien.