Big Tech is pouring millions into the wrong climate solution at Davos
by Justine Calma from The Verge - All Posts on (#5ZN0S)
Borge Brende, John Kerry, Xie Zhenhua, Geraldine Matchett, Elizabeth Wathuti, and Marc Benioff attend the annual meeting of the World Economic Forum in Davos, Switzerland, on May 24th, 2022. | Photo by Dursun Aydemir/Anadolu Agency via Getty Images Alphabet, Microsoft, and Salesforce today pledged $500 million to new climate tech that's supposed to pull carbon dioxide out of the atmosphere to keep it from heating up the planet. It's the latest move by Big Tech to propel the emerging technology forward while painting themselves as global leaders when it comes to taking action on climate change.
Regardless, these companies have a lot of work left to do to deal with their own emissions. Carbon dioxide removal (CDR) isn't the solution for Big Tech's own pollution.
To be sure, the climate crisis has gotten so bad that the United Nations' leading climate experts acknowledge that reducing greenhouse gas emissions from fossil fuels won't be enough anymore. We'll also have to find ways to...