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Man-made solution to a man-made problem

Amazon is going to fund the world’s largest deployment of carbon-capture technology, which is a perfect example of a man-made solution to a man-made problem — one that’s good for not only our planet but for people’s jobs and our economy, too.

“Amazon announced Tuesday that it will… [purchase] a quarter of a million metric tons of carbon removal over the next decade from STRATOS, the first DAC plant from 1PointFive, a carbon removal technology company. Amazon did not disclose the dollar value of the investment…

A quarter of a million metric tons of carbon dioxide is equivalent to the emissions in one year from 55,633 gasoline-powered cars, according to the  Environmental Protection Agency.

Amazon, through its Climate Pledge Fund, is also investing in CarbonCapture Inc., a climate tech firm that is helping to accelerate commercial deployment of new DAC materials to absorb carbon.

‘With these two new investments in direct air capture, we aim to target emissions we can’t otherwise eliminate at their source,’ Kara Hurst, Amazon’s vice president of worldwide sustainability, said in a release. ‘We’re also helping launch technologies we know the world will need to avoid the worst effects of global climate change — supporting those technologies’ growth so they’ll also be available to other companies and organizations.’”

Read the whole story at CNBC.