When it comes to climate risk, investors prize disclosure, report suggests
Last week Reinhardt spoke to Kitco about his carbon removal company.
Reinhardt started his new company due to his past poor experience buying carbon offsets at Segment. He was told that the offsets he bought were going to Amazon and Indonesian rainforest protection. Charm's technology uses plant waste, such as corn stalks, to capture CO₂ from the atmosphere. Plants are converted into a biomass, what the company describes as a stable, carbon-rich liquid. The biomass is then pumped into the ground.
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