Amazon Makes Major Investments in Direct Air Capture Technology to Remove Carbon
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Amazon investing in direct air capture (DAC) technology by purchasing 250,000 metric tons of carbon removal from STRATOS over 10 years.
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Amazon also investing in CarbonCapture Inc to accelerate DAC deployment. Aims to target emissions that can't be eliminated at source.
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Investments support DAC growth so technologies are available to other companies too.
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Comes after Microsoft agreed to buy carbon credits from Heirloom Carbon for DAC using limestone.
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Though large investments, globally need to remove ~1 trillion tons CO2 this century to meet Paris Agreement per IPCC.