cleantech

cleantech

The largest driver of global warming, carbon dioxide is at its highest level in our atmosphere than any point over the last 8,000 years. And as carmakers and politicians race to come up with solutions, one Pasadena-based firm called CarbonCapture has a bold plan to help humans remove emissions from the air and in doing so innovate a way out of climate change.

"We are at a tipping point and right now we've run out of time," said CarbonCapture CEO Adrian Corless. "What really scares me is the current projections that we're actually going to continue to increase emissions through 2035."

CarbonCapture raised a $35 million Series A round Tuesday to grow its team and begin deploying a network of machines that remove carbon dioxide from the atmosphere using renewable energy. The system works by trapping carbon molecules in the air and storing them to be broken down or safely released elsewhere, like underground.

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Concrete is everywhere because it's versatile.

It's used in everything from Earth's "worst architectural eyesores" to Rome's beloved Pantheon, as the BBC laid out in a 2018 story on the material. But the production of cement poses a huge threat to the climate. It's currently responsible for a whopping 8% of global carbon emissions.

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Aspiration, a banking company that's endeared itself to celebrities like Leonardo Di Caprio with its sustainable banking model, plans to go public through a merger with a special purpose acquisition company (SPAC) in a deal valued at about $2.3 billion.

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