Big Tech-backed coalition supports biowaste carbon removal firm
A coalition of major tech companies, including Google and Meta, has committed $44.2 million for carbon credits from NULIFE GreenTech, a Canadian firm focused on biowaste carbon removal. Frontier, backed by Stripe, Google, Meta, Shopify, and McKinsey, aims to scale carbon removal technologies by 2030, with plans to spend $1 billion on credits by then. NULIFE's technology could potentially remove 1.5 gigatons of carbon annually by 2040.