Hardware Podcasts

Kickstarting a $1 trillion market for carbon removal

Catalyst · 18 Nov 2021 · 39m

What this episode covers

Nan Ransohoff, Stripe’s head of climate, explains how Stripe Climate is using its $100 billion company resources to kickstart a $1 trillion carbon removal market by acting as a buyer of last resort for early-stage technologies. She details Stripe’s procurement criteria, which prioritize permanence, scalability, and a pathway to sub-$100/ton costs, highlighting specific companies like Charm Industrial, Running Tide, Climeworks, and Heirloom. Ransohoff draws parallels between carbon removal and vaccine development, advocating for advanced market commitments to de-risk investment and accelerate the transition from niche solutions to gigaton-scale deployment.

Most relevant to

early-stage companies

Topics

Mentioned

Companies
Stripe, Charm Industrial, Running Tide, Climeworks, Heirloom, EnergyHub, Activate, Deep Science Ventures

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