Why JPMorgan, H&M and others will pay $57.1m to spread crushed rock on farmland

clock • 3 min read
Lithos is pioneering an approach called 'enhanced weathering', which uses basalt powder spread on farmland to mimic the way CO2 is naturally absorbed into rocks as they are exposed to rain, wind or sea / Source: Lithos Carbon
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Lithos is pioneering an approach called 'enhanced weathering', which uses basalt powder spread on farmland to mimic the way CO2 is naturally absorbed into rocks as they are exposed to rain, wind or sea / Source: Lithos Carbon

The Frontier buyers' group wants to remove 154,000 tons of carbon dioxide from the atmosphere by 2028 through a new deal with startup Lithos Carbon

The Frontier Fund, a corporate buyers' group including Alphabet, H&M, JPMorgan, Shopify, and Stripe, this week announced a $57.1m contract with startup Lithos Carbon, which is developing a method for removing...

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