Comment by NicuCalcea

3 months ago

It's a company doing carbon removal, the environmental equivalent of snake oil. They claim to have removed 11,234 tonnes of CO2e, which might sound like a lot, but for context, a single seat on a return flight from New York to London produces 1.7 tonnes.

There is only one solution, stop burning fossil fuels. No amount of stuffing agricultural waste down abandoned oil wells will make a dent in the climate crisis.

PS: One of the investors in Charm Industrial also owns half a company that produces equipment for the oil and gas industry.

https://charmindustrial.com/blog/accelerating-carbon-removal...

https://www.exor.com/pages/companies-investments/companies/w...