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Climate tech firms get $80M to pull carbon from paper mills, sewage plants

SAN FRANCISCO � Google, H&M, Stripe and other members of the climate-focused Frontier Community Coalition will buy $80 million of carbon credits from a firm using oil industry technology to capture paper mill emissions and another using rocks to do the same at sewage plants.

Although U.S. President-elect Donald Trump is expected to withdraw from a deal to cap global warming and cut support for carbon capture, companies in sectors including tech and finance continue to back efforts to remove carbon from the atmosphere.





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