among others, are also paying tech startups to remove carbon from the atmosphere. But since Stripe started paying for carbon removal two years ago, it has stood out for its willingness to pay for unproven technology, people working in the field say. It was the first customer for seven of the projects it backed.
Charm co-founder and chief executive Peter Reinhardt credited Stripe with accelerating new carbon removal industry technologies and paving the way for new buyers. “Previously, there was no market and the technology development was much slower as a result,” he said. Stripe has tethered its core business of operating payment infrastructure to its side project. Stripe Climate, a tool introduced in October 2020, lets Stripe’s customers divert a percentage of revenue to the carbon-removal pot. Roughly 9,000 of Stripe’s millions of business users have enrolled contributing nearly $3 million a year collectively, and roughly 8% of new Stripe users sign up, Ms. Ransohoff said.
Seeing trumps lies splashed all over the one time venerable WSJ reminds me why I have never followed WSJ. No counter point, no editor comments. Just seditious lies flowing like a river of yellow journalism. Sucks to be you.
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