{"id":2110417,"date":"2023-11-28T19:19:02","date_gmt":"2023-11-29T00:19:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-gates-backed-startup-seeks-taxpayer-subsidies-to-wrap-sawdust-in-polymer-and-bury-it-underground\/"},"modified":"2023-11-28T19:26:30","modified_gmt":"2023-11-29T00:26:30","slug":"bill-gates-backed-startup-seeks-taxpayer-subsidies-to-wrap-sawdust-in-polymer-and-bury-it-underground","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bill-gates-backed-startup-seeks-taxpayer-subsidies-to-wrap-sawdust-in-polymer-and-bury-it-underground\/","title":{"rendered":"Startup seeks taxpayer subsidies to bury polymer-wrapped sawdust underground, backed by Bill Gates"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbill-gates-backed-startup-seeks-taxpayer-subsidies-to-wrap-sawdust-in-polymer-and-bury-it-underground%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2110417&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><h2>American Airlines Partners with Bill Gates-Backed Startup \u200cto Combat Carbon Emissions<\/h2>\n<p>A groundbreaking collaboration between American Airlines and Graphyte, a startup supported by Bill Gates&#8217; Breakthrough Energy Ventures, is set to revolutionize carbon removal efforts in\u200b the aviation industry. \u200bThe Wall Street Journal reported that American Airlines will pay $100 per metric \u2062ton to eliminate 10,000 metric tons of carbon dioxide,\u2063 while also seeking government subsidies.<\/p>\n<p>Graphyte specializes in gathering agricultural residues like sawdust and \u200dtree bark, which naturally \u2062absorb carbon \u2062dioxide. By\u2062 utilizing these materials, the startup aims to provide a more cost-effective solution for reducing carbon emissions \u2063compared to sustainable aviation jet fuel.<\/p>\n<p>American Airlines,\u200d committed to achieving net zero\u200d emissions by 2050, will be Graphyte&#8217;s first client. The airline&#8217;s Chief Sustainability Officer, Jill Blickstein,\u200c expressed enthusiasm\u2064 for the partnership, stating, &#8220;Hard to abate industries like aviation will need high-quality, permanent, affordable, and scalable\u2064 carbon credits \u2064to achieve our emissions reduction goals.&#8221;<\/p>\n<p>Graphyte&#8217;s innovative <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrat-senators-attack-justices-with-ethics-complaints-while-ignoring-their-own-conflicts-of-interest\/\" title=\"Democrat Senators target Justices with ethics complaints, overlook own conflicts\">carbon removal technology<\/a> involves converting crop and wood residues into dense carbon blocks, which are\u2064 then stored in an underground facility. The startup believes this approach offers\u200d an immediate \u200bpathway for removing billions of tons of carbon at \u2063a low cost.<\/p>\n<p>With \u2064plans \u2063to produce enough carbon\u200d removal technology to store 50,000 metric tons of carbon annually, Graphyte aims to make \u2063a significant \u200cimpact in the fight against climate change. American Airlines, which emitted 49 million metric\u200b tons of carbon in 2022, recognizes\u2062 the importance of such partnerships in achieving its sustainability goals.<\/p>\n<h3>Graphyte CEO\u2064 Barclay\u2063 Rogers emphasized the significance of the collaboration, stating:<\/h3>\n<blockquote><p>\u201cThis is a landmark agreement \u200dfor both Graphyte and American Airlines. It demonstrates \u200dthe growing demand for affordable and scalable high-quality carbon removal credits and the ability of Carbon Casting technology to make a significant \u2063impact in the fight\u2063 against climate change in the very near term.\u201d<\/p><\/blockquote>\n<p>Graphyte, American Airlines,\u200c and Breakthrough\u2062 Energy Ventures\u2063 have\u2064 yet to respond to inquiries from the Daily Caller News Foundation.<\/p>\n<div class=\"disclaimer\">\n<p><em>All content created by the \u2064Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/scotus-expected-to-follow-up-race-based-admissions-decision-with-new-case-on-huge-issue-at-high-schools\/\" title=\"SCOTUS to tackle major high school issue after race-based admissions ruling.\">legitimate\u2062 news publisher<\/a> that can\u200b provide a large audience. All republished \u200barticles must include our logo, our reporter\u2019s byline, and \u200dtheir DCNF affiliation. For any questions about our guidelines or partnering with us, please contact <a href=\"mailto:licensing@dailycallernewsfoundation.org\">licensing@dailycallernewsfoundation.org<\/a>.<\/em><\/p>\n<\/div>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\/bill-gates-backed-startup-seeks-taxpayer-subsidies-wrap-sawdust-polymer-bury-underground\/\">Bill Gates-Backed Startup Seeks Taxpayer Subsidies to Wrap \u2064Sawdust in Polymer and Bury It Underground<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.westernjournal.com\">The Western Journal<\/a>.<\/p>\n<p> <\/p>\n<h2> How does the involvement \u200dof Bill Gates and \u200cBreakthrough Energy \u200cVentures contribute to the\u2064 credibility and potential impact \u200dof Graphyte&#8217;s carbon \u200bremoval technology<\/h2>\n<p><span>  Acked \u2062underground. This process\u200c ensures long-term carbon storage and prevents the release of \u200bgreenhouse gases \u200binto\u200b the atmosphere. The startup&#8217;s technology has the potential to \u200dremove carbon emissions on a significant scale, providing\u200b a crucial solution to combat climate change.<\/p>\n<p>The partnership between American Airlines and Graphyte is a significant \u200dmilestone in the fight against carbon emissions. As one of the \u200dlargest airlines in the world,\u200c American Airlines acknowledges its responsibility\u2064 to\u2063 reduce its environmental impact. By joining forces with\u2064 Graphyte, the airline aims to take a\u200b proactive approach towards achieving its\u200d sustainability goals.<\/p>\n<p>The \u2063decision to work with Graphyte was influenced by the startup&#8217;s strong backing from Breakthrough Energy Ventures, a fund established by \u2062Bill\u2062 Gates to support\u200c innovative clean energy solutions. With the support of this renowned organization, Graphyte has attracted attention and investment \u2063from various industries.<\/p>\n<p>The collaboration with American Airlines marks a major breakthrough for Graphyte, as it\u200d establishes\u2063 the startup as a leader in carbon removal technology. The financial support provided by the airline will enable Graphyte to scale up its operations and further\u200c develop its innovative solutions. This partnership not only benefits American Airlines but also reinforces Graphyte&#8217;s position as a\u2063 key player in the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-buy-american-clean-energy-conundrum\/\" title=\"Biden\u2019s \u2018Buy American\u2019 Clean Energy Conundrum\">clean energy sector<\/a>.<\/p>\n<p>The significance of this partnership extends beyond just American Airlines\u2062 and Graphyte. It sets a precedent for other airlines and companies \u200din the aviation industry to follow \u2062suit \u2063and prioritize carbon reduction efforts. By demonstrating that carbon \u200dremoval technology is a viable and cost-effective solution, American Airlines\u2063 and Graphyte pave the way for a greener future for the entire aviation industry.<\/p>\n<p>Furthermore, the\u200b involvement of Bill \u200cGates and Breakthrough Energy\u2064 Ventures adds credibility and recognition to this\u200b partnership. Bill Gates&#8217; commitment to combating\u200c climate change is well-known, and his \u2062support\u2064 for Graphyte demonstrates the\u200b startup&#8217;s potential to make a significant impact\u200c in carbon removal efforts.<\/p>\n<p>The collaboration between American Airlines and Graphyte also highlights the importance of government support in achieving significant carbon reduction. American Airlines&#8217; pursuit of government subsidies reflects the \u200cneed for a collaborative approach involving both private and public sectors to\u2063 address the challenges of climate change.<\/p>\n<p>In conclusion, the partnership between American Airlines and Graphyte represents a major step forward in the aviation \u2062industry&#8217;s efforts to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/nyc-cracks-down-on-wood-and-coal-fired-pizzerias-due-to-carbon-emission-concerns\/\" title=\"NYC takes action against polluting pizzerias using wood and coal.\">combat carbon emissions<\/a>. By utilizing Graphyte&#8217;s innovative carbon removal technology, American Airlines aims \u2062to achieve its sustainability goals and set a positive example \u2064for the entire industry. \u2064With\u2064 the support\u200b of Bill Gates and Breakthrough Energy Ventures, Graphyte has the potential to revolutionize \u200ccarbon removal efforts and make\u2062 a significant\u200b impact in the fight against climate change. \u2064This collaboration serves as a beacon of hope for a greener and more sustainable future.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Wall Street Journal reported that Graphyte, a startup supported by Bill Gates, is charging American Airlines $100 per metric ton to remove 10,000 metric tons of carbon dioxide. The company collects agricultural residues such as sawdust or tree bark, which naturally absorb carbon dioxide. Graphyte plans to seek government subsidies as well<\/p>\n","protected":false},"author":2092,"featured_media":2110418,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[548],"tags":[],"class_list":["post-2110417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conservative-news-daily"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2110417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2092"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2110417"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2110417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2110418"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2110417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2110417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2110417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}