Big Tech-Backed Coalition for Carbon Removal Increases Funding by $915 Million, Adds Anthropic
A coalition supported by major technology companies, focused on initiatives for carbon removal, has reportedly secured an additional $915 million in funding. This substantial financial boost aims to further the group's objectives in addressing atmospheric carbon. Concurrently, the coalition has also expanded its membership, welcoming Anthropic as a new participant.
A coalition comprising major technology companies, dedicated to advancing carbon removal efforts, has announced a significant increase in its financial backing. The initiative has successfully raised an additional $915 million, earmarking these funds to bolster its various projects and strategies aimed at reducing carbon in the atmosphere.
In related developments, the coalition has also expanded its roster of members. Anthropic has joined the big tech-backed group, further diversifying the expertise and resources available to the carbon removal initiative.
According to Channel News Asia, the increase in funding and the addition of Anthropic mark a notable expansion for the coalition.
