Stripe is kick-starting market for carbon removal
&gt; Stripe Inc. is signing up to pay for carbon-removal technologies that haven’t been invented yet.<p>&gt; The payments company has formed a partnership with Deep Science Ventures, a London investment firm that specializes in building technology companies from the ground up. DSV will recruit scientists to develop ways to remove carbon dioxide from the atmosphere. If they come up with viable concepts, Stripe will be their first customer.<p>why not focus on implementing already existing ecologically sustainable inventions and strategies?<p>what i read here: <i>rent-seeking tech founders aim to funnel profits they collected from the taxing of economic activity</i> [1] <i>towards a privately-funded lottery of hoped-for future tech.</i><p>the techno-fix is dangerous because it 1) ignores existing systemic dysfunction:<p><i>&quot;The current political economy is based on a false idea of “immaterial scarcity.” It believes that an exaggerated set of intellectual property monopolies – for [trade secrets,] copyrights, trademarks and patents – should restrain the sharing of scientific, social and economic innovations. Hence the system discourages human cooperation, excludes many people from benefiting from innovation and slows the collective learning of humanity. In an age of grave global challenges, the political economy keeps many practical alternatives sequestered behind private firewalls or unfunded if they cannot generate adequate profits.&quot;</i> [2]<p>and 2) it covertly wields the lone genius myth [3], that supposedly the Stripe brothers are intellectually superior and can make better funding decisions compared to a democratic body of scientists.<p>check out this awesome video of just one ecological solution: <i>Life in Syntropy</i> with Ernst Gotsch, <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=gSPNRu4ZPvE" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=gSPNRu4ZPvE</a><p>the work of Million Belay of the <i>Alliance for Food Sovereignty in Africa</i> (AFSA) is also impressive and worth checking out: <a href="https:&#x2F;&#x2F;afsafrica.org&#x2F;" rel="nofollow">https:&#x2F;&#x2F;afsafrica.org&#x2F;</a><p>and this video narrated by Jeremy Irons, and with Vandana Shiva: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=C-bK8X2s1kI" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=C-bK8X2s1kI</a><p>and this book by her: <a href="https:&#x2F;&#x2F;www.goodreads.com&#x2F;book&#x2F;show&#x2F;43890614-oneness-vs-the-1" rel="nofollow">https:&#x2F;&#x2F;www.goodreads.com&#x2F;book&#x2F;show&#x2F;43890614-oneness-vs-the-...</a><p>this is what global north capitalists are doing instead, <i>Dead Donkeys Fear No Hyenas</i> by Joakim Demmer: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=isiYYVmvn2U" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=isiYYVmvn2U</a><p>[1] <i>Rent-seeking as a service</i> by Wendy Liu, <a href="https:&#x2F;&#x2F;dellsystem.me&#x2F;posts&#x2F;fragments-86" rel="nofollow">https:&#x2F;&#x2F;dellsystem.me&#x2F;posts&#x2F;fragments-86</a><p>[2] <i>Peer-to-peer economy and new civilization centered around the sustenance of the commons</i>, <a href="http:&#x2F;&#x2F;wealthofthecommons.org&#x2F;essay&#x2F;peer-peer-economy-and-new-civilization-centered-around-sustenance-commons" rel="nofollow">http:&#x2F;&#x2F;wealthofthecommons.org&#x2F;essay&#x2F;peer-peer-economy-and-ne...</a><p>[3] <i>The Entrepreneurial State: Debunking Public vs. Private Sector Myths</i> by Mariana Mazzucato, <a href="https:&#x2F;&#x2F;marianamazzucato.com&#x2F;books&#x2F;the-entrepreneurial-state" rel="nofollow">https:&#x2F;&#x2F;marianamazzucato.com&#x2F;books&#x2F;the-entrepreneurial-state</a>