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Decrement carbon: Stripe's negative emissions commitment

stripe.com · 1,039 words · saved by 1 readers

As part of Stripe’s environmental program, we fully offset our greenhouse gas emissions by purchasing verified carbon offsets. Starting this year, we’re going a step further. In addition to our offset program, we are committing to pay, at any available price, for the direct removal of carbon dioxide from the atmosphere and its sequestration in secure, long-term storage. We’re announcing this commitment to solicit technology partners and to urge other companies to follow suit. Urgent global action is needed to halt greenhouse gas emissions, and it looks increasingly likely that in addition to emissions reduction, humanity will need to remove large amounts of carbon dioxide from the atmosphere. In its most recent summary report, the IPCC notes that most scenarios that stay below 2°C of temperature increase involve “substantial net negative emissions by 2100, on average around 2 gigatons of CO2 per year.” Carbon capture and sequestration technologies are nascent today. While a growing set

As part of Stripe’s environmental program , we fully offset our greenhouse gas emissions by purchasing verified carbon offsets. Starting this year, we’re going a step further. In addition to our offset program, we are committing to pay, at any available price, for the direct removal of carbon dioxide from the atmosphere and its sequestration in secure, long-term storage. We’re announcing this commitment to solicit technology partners and to urge other companies to follow suit. The need to remove CO2 Urgent global action is needed to halt greenhouse gas emissions, and it looks increasingly like

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