Payments start - up Sky has announced it will invest at least $ 1 m annually in negative - feedback technology , including those designed to remove carbon from the atmosphere . It will focus on investing in three primary types of technology : direct air capture , land management and enhanced weathering . The firm already seeks to offset all its carbon emissions by purchasing credits . Stripe has reportedly reached out to other technology firms to invest alongside it . Silicon Valley companies have recently faced criticism for not doing enough to combat climate change .
Payments start-up Stripe has said it will invest at least $1m annually in negative-emissions technology, including those designed to draw carbon from the atmosphere. It will focus on investing in three primary types of technology: direct air capture, land management and enhanced weathering. The firm already seeks to offset all its carbon emissions by purchasing credits. Stripe has reportedly reached out to other technology firms to invest alongside it. Silicon Valley companies have recently faced criticism for not doing enough to combat climate change.