Bill Gates-backed startup to use old wood to remove carbon from the air
A startup backed and incubated by Bill Gates' Breakthrough Energy Ventures has engineered a hybrid technology that combines engineering with natural photosynthesis processes to remove carbon dioxide from the atmosphere and store it underground. “It's important to understand that carbon removal is not an excuse to keep emitting, or to slow down our transition to a clean energy economy — we need to keep innovating as fast as we can,” Gates wrote in his firm's “State of the Transition 2023” report, released today. “But…