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Stripe’s Frontier Fund Shows How Quickly Carbon Removal Has Evolved

The technologies it fosters treat capturing carbon as a societal, not just an industry, problem. 

Photographer: SAUL LOEB/AFP

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Last week, a new fund went public with its plans to support carbon dioxide removal technologies. The Frontier Fund was set up by payments company Stripe Inc. and is supported by Shopify Inc., both regular backers of innovative approaches to removing atmospheric CO₂. Also funding the effort are bigger tech players Alphabet Inc. and Meta Platforms Inc. and the management consultancy McKinsey & Co. Inc.