Jump to content
Sign in to follow this  
Admin

Stripe customers will be able to funnel money into carbon capture projects

Recommended Posts

20170510DSC_6501_PhotosbyJuliaDunlop.0.j Swiss startup Climeworks has been a pioneer in efforts to capture carbon dioxide from the air and store it in underground rock formations. | Image courtesy of Stripe

Starting today, US businesses that process payments through the online payments platform Stripe will be able to give a portion of their revenue from each sale to projects that remove planet-heating carbon dioxide from the atmosphere. Stripe won’t earn anything from the new service. The move is designed to boost carbon capture technologies and comes a little more than a year after the company made a commitment to spend $1 million a year to support the emerging industry.

Initiatives are in relatively early stages of development

For now, Stripe’s customers will be able to contribute to the same four projects that Stripe decided to support earlier this year. That includes a project that traps carbon dioxide in concrete, another that pulls...

Continue reading…

View the full article

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...

Important Information

By using The Great Escaped Online Community, you agree to our Privacy Policy and Terms of Use