Stripe Climate
Quick reminder that carbon removal is a necessary but secondary step. We need to stop pumping more carbon into the air faster than we need to stop taking it out, simply because it takes more energy to get carbon out of the air than the energy that carbon was used for in the first place.To use a financial analogy:
We have a high-interest credit card. That debt has compounding interest rates, and the interest rate is accelerating because of positive feedback loops.A "carbon removal" strategy is basically like putting X dollars on our accelerating-rate credit card in order to invest X in a fund with a lower interest rate than the card itself. Obviously this will result in spiraling debt.The ONLY solution is to take carbon spending to ~0 and only then focus on removing it from the air.