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

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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.