Will Project Vesta still exist in 2030?

Stripe, a financial-services company, committed last year to spending at least $1M/year on negative emissions and carbon storage technologies, at any price, with the aim of helping these technologies develop.

They recently wrote up a summary of their first set of these purchases.

This miniseries aims to predict the success of the companies that Stripe chose.

Stripe has purchased 3333.3 tons of negative emissions from Project Vesta at $75 per ton.

Project Vesta captures CO2 by using an abundant, naturally occurring mineral called olivine. Ocean waves grind down the olivine, increasing its surface area. As the olivine breaks down, it captures atmospheric CO2 from within the ocean and stabilizes it as limestone on the seafloor. They have not publicly set a long-term price target.

This question asks:

On 2030/7/1, will Project Vesta still be selling negative emissions using broadly similar technology to their 2020 approach?

This question resolves positive if this question has an unambiguous resolution. Otherwise, it resolves negative.

Categories: Environment – Climate, Stripe miniseries

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