logo
welcome
CNBC

CNBC

A recent big tech plan for carbon removal is at the center of a major climate change emissions debate

CNBC
Summary
Nutrition label

87% Informative

Google , Meta , Microsoft , Microsoft and Salesforce are pushing ahead with a new approach to CO2 removal and storage.

They recently announced the formation of the Symbiosis Coalition to jointly create an "advance market commitment" for nature-based removal credits in the carbon market.

The aim is to contract for up to 20 million tons of removal credits by 2030 .

Symbiosis Coalition will speed and deepen the development of nature-based carbon-capture methods.

The emphasis on verifiability is, in part, a response to a recent spate of PR and legal headaches resulting from companies' overzealous or unclear climate claims.

"This project presents a significant risk of greenwashing," says climate expert.

VR Score

88

Informative language

88

Neutral language

54

Article tone

informal

Language

English

Language complexity

69

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

18

https://www.cnbc.com/2022/04/04/ipcc-report-climate-scientists-issue-ultimatum-on-1point5-degrees-goal.html?&doc=108002701https://icvcm.org/core-carbon-principles/https://www.iea.org/energy-system/carbon-capture-utilisation-and-storage/direct-air-capturehttps://www.mckinsey.com/capabilities/sustainability/our-insights/sustainability-blog/now-the-ipcc-has-recognized-that-carbon-removals-are-critical-to-addressing-climate-change-its-time-to-acthttps://www.symbiosiscoalition.org/https://www.cnbc.com/2024/09/04/swedens-volvo-cars-scraps-plan-to-only-sell-electric-vehicles-by-2030.html?&doc=108002701https://coalitionfornegativeemissions.org/https://www.cnbc.com/2024/07/28/how-the-massive-power-draw-of-generative-ai-is-overtaxing-our-grid.html?&doc=108002701https://www.cnbc.com/2023/06/26/new-rules-aim-to-clamp-down-on-corporate-greenwashing.html?&doc=108002701https://coalitionfornegativeemissions.org/businesses-face-increased-risks-without-action-on-net-zero-says-new-coalition-of-negative-emissions-paper/https://www.cnbc.com/2024/07/30/air-new-zealand-becomes-first-major-airline-to-drop-2030-climate-goal.html?&doc=108002701https://www.cnbc.com/2024/07/02/googles-carbon-emissions-surge-nearly-50percent-due-to-ai-energy-demand.html?&doc=108002701https://www.symbiosiscoalition.org/arr-quality-criteriahttps://www.cnbc.com/2024/08/28/utilities-face-looming-crunch-as-electricity-demand-from-ai-surges.html?&doc=108002701https://www.stateofcdr.org/https://www.cnbc.com/2023/05/18/frontier-signs-first-co2-removal-deal-with-charm-worth-53-million.html?&doc=108002701https://www.cgdev.org/blog/what-advance-market-commitmenthttps://www.cnbc.com/2024/08/30/how-data-centers-became-billion-dollar-real-estate-investment.html?&doc=108002701

Affiliate links

no affiliate links