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Carbon Removal

At FAS Energy, we contribute 0.5% of our revenue to carbon removal

Removing CO₂ from the atmosphere is critical to counteract climate change, but it’s behind. A fraction of every purchase from FAS Energy helps new carbon removal technologies scale.

At FAS Energy, we believe businesses can play a critically important role in helping fight climate change. We’re proud to fund next-generation carbon removal. FAS Energy is part of Stripe Climate, a coalition of businesses accelerating carbon removal. No company can stop climate change by itself. Stripe Climate aggregates funds from forward-thinking businesses around the world to increase demand for carbon removal. Stripe Climate spans 25,000+ businesses across 39 countries.

climeworks

Climeworks uses renewable geothermal energy and waste heat to capture CO₂ directly from the air, concentrate it, and permanently sequester it underground in basaltic rock formations with Carbfix. Climeworks will remove 322 tons of CO₂ on behalf of Stripe Climate businesses.

Charm Logo

Charm Industrial has created a novel carbon removal pathway that converts biomass into bio-oil and then injects it deep underground for permanent geologic storage. Stripe Climate was Charm’s first customer. In 2021, Charm removed 416 tons of CO₂ on behalf of Stripe Climate businesses.

WHY IT WORKS

Early customers can help new technologies get down the cost curve and scale up. Most new technology is expensive at first. Early adopters like FAS Energy help promising new carbon removal technologies lower their costs and scale up quickly.

Climate chart
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