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Why Big Tech Is Pouring Money Into Carbon Removal

The market for removing carbon dioxide from the atmosphere is expanding rapidly, as major tech companies are funneling nearly a billion dollars to early-stage startups that are experimenting with various methods of carbon capture and sequestration to fight climate change. While government incentives like carbon pricing will ultimately be necessary to make carbon removal profitable, this influx of early funding could help nascent carbon removal companies scale up their tech and bring costs down. 00:00 -- Intro 1:56 -- Chapter 1 5:00 -- Chapter 2 12:15 -- Chapter 3 » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN #cnbc Why Big Tech Is Pouring Money Into Carbon Removal