Carbon Reduction — Corporate Leadership

  1. The portfolio based approach — as the CCS technology is still in a nascent phase. In fact, Stripe is the first commercial customer of 3 out of 4 of these technologies
  2. The cost of mitigation from $75 to $774 per ton. To put this in perspective, at an average cost it will cost ~$12.7 trillion globally. If the experience from the solar industry is an indicator with 100x drop in costs, CCS cost trajectory still has ways to go after these initial deployments — a significant opportunity.
  3. Focus on permanent removal of carbon, instead of carbon offsets or nature based removals — which are cheaper and also temporary.

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Nitin Vaish

Nitin Vaish

Decarbonization Solutions at Scale: Commercialization | Products | Investments