Google, Salesforce, H&M and other brands have turned to unlikely allies to help them clean up their carbon pollution: sewage treatment plants and paper mills. The companies joined an $80 million plan to take CO2 out of the atmosphere, though the strategies they’re using have yet to show whether they can have a meaningful impact on climate change.
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Europe’s Starlink competitor is go
The EU has signed a deal for its IRIS² constellation of 290 communication satellites that will operate in both medium and low-earth orbit. The Starlink rival will provide secure connectivity to governmental users as well as private companies and European citizens, and bring high-speed internet to dead-zones. The public-private deal valued at €10.6 billion (about $11 billion), according to The Financial Times, is expected to come online by 2030.
SpaceRISE — a consortium led by European satellite network operators SES, Eutelsat, and Hispasat, and supported by European satcom subcontractors like Airbus and Deutsche Telekom — has been given a 12-year concession contract to develop, deploy, and operate the IRIS² constellation. IRIS² is an acronym for Infrastructure for Resilience, Interconnectivity and Security by Satellite.
“This cutting-edge constellation will protect our critical infrastructures, connect our most remote areas and increase Europe’s strategic autonomy. By partnering with the SpaceRISE consortium, we are demonstrating the power of public-private collaboration to drive innovation and deliver tangible benefits to all Europeans,” said Henna Virkkunen, Executive Vice-President for Tech Sovereignty, Security and Democracy.
In September, FCC chair Jessica Rosenworcel said she wanted to see more competition to Elon Musk’s Starlink, which has already launched some 7,000 satellites since 2018. “Our economy doesn’t benefit from monopolies… every communications market that has competition is strong, we see lower prices and more innovation, and honestly, space should be no exception.”
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Tech companies want to capture carbon at paper mills and sewage plants
They’re paying $32.1 million to a startup called CREW that aims to trap carbon dioxide emissions produced at wastewater treatment facilities. And $48 million will go to another startup called CO280 that retrofits pulp and paper mills with controversial carbon capture technologies. The two agreements were facilitated by a carbon removal initiative called Frontier that’s led by led by Stripe, Google, Shopify, and McKinsey Sustainability on behalf of those founding companies and other brands trying to meet their own sustainability goals.
Companies are increasingly looking for ways to try to cancel out the damage caused by their greenhouse gas emissions
Companies are increasingly looking for ways to try to cancel out the damage caused by their greenhouse gas emissions. They’ve funneled millions into startups building new-fangled industrial plants that filter CO2 out of the ambient air or seawater. Frontier’s latest announcement shows they’re also open to backing even more novel tactics for drawing down carbon dioxide.
“We do need to be looking at a lot of different kinds of approaches,” says Wil Burns co-director of the Institute for Responsible Carbon Removal at American University, who is also part of an assessment committee for Frontier. “Some of these approaches still remain extremely expensive, notably direct air capture, so we’re looking for approaches that potentially are less expensive.”
The first generation of industrial facilities built over the past decade or so to filter CO2 out of the air — called direct air capture — cost companies including Microsoft upwards of $600 per ton of captured carbon. The deals Frontier just brokered come out to around $447 per ton of CO2 removal by CREW (for a total of 71,878 tons), and $214 per ton for CO280’s services (for a total of 224,500 tons).
That’s still well above the $100 per ton that industry leaders often say they’re targeting. And for a company like Google that was responsible for 14.3 million metric tons of carbon dioxide pollution last year, you can see how prohibitively expensive the technology still is.
While CREW’s strategy is more expensive, Burns says he’s particularly excited about its potential. The idea is to capture carbon dioxide that otherwise would have been released by microbes that break down organic waste in water treatment tanks. To do this, CREW adds alkaline minerals to the tanks. Those minerals react with the CO2 microbes produce, trapping it in water as bicarbonate. Eventually, the bicarbonate travels with the treated wastewater out to oceans, which are natural sinks that keep CO2 out of the atmosphere.
CO280, on the other hand uses technologies initially developed by the fossil fuel industry to capture CO2 emissions from smokestacks before they can escape into the atmosphere. These kinds of devices have been added to industrial facilities and power plants in the past, and can collect CO2 that companies might then shoot back into the ground to push out hard-to-reach oil reserves.
CO280 takes a different approach by adding carbon capture devices to facilities that burn “black liquor,” a bi-product from pulp manufacturing that’s used to generate heat and power. The devices are supposed to capture the CO2 from burning black liquor so that it can be permanently stored in underground wells. Since the fuel is made from trees, the process essentially sequesters CO2 that those trees drew in through photosynthesis during their lifetimes.
To be sure, there are still major concerns about how effective carbon capture technologies are as a way to mitigate climate change. They use a lot of energy, which generates its own greenhouse gas emissions. There are also additional emissions from cutting down trees and transporting wood for paper mills, and it can be difficult to ensure that tree plantations are managed sustainably.
Companies buying carbon removal services also get flak from environmentalists concerned that it’s a distraction from more critical efforts to transition from fossil fuels to clean energy. At the end of the day, the only surefire way to stop climate change is to prevent the greenhouse gas emissions from fossil fuels that are causing the crisis in the first place.
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The proposed climate fix tech companies just spent millions on? Rocks.
To try to counteract the impact their pollution has on the climate, Google and other big companies have bought into a plan to trap carbon dioxide using rocks. They recently announced multimillion dollar deals with a Sheryl Sandberg-backed startup called Terradot.
Google, H&M Group, and Salesforce are among a gaggle of companies that collectively agreed to pay Terradot $27 million to remove 90,000 tons carbon dioxide from the atmosphere. The deals were brokered by Frontier, a carbon removal initiative led by Stripe, Google, Shopify, and McKinsey Sustainability.
Separately, Google announced its own deal to purchase an additional 200,000 tons of carbon removal from Terradot. Both companies declined to say how much that deal is worth. If the cost is similar to the Frontier agreement — roughly $300 per ton of CO2 captured — it could add up to $60 million, although Google says it expects the price to come down over time for this larger deal.
Google says it’s the biggest purchase yet of carbon removal through enhanced rock weathering (ERW), the strategy Terradot uses to try to slow climate change. It’s a relatively low-tech tactic for taking carbon dioxide out of the atmosphere that now has significant backing from some big names.
“I mean, it’s a big deal, says Oliver Jagoutz, a professor of geology at MIT. “I think it should go a little out of the academic world into the industrial world. And I wish these guys all the best.”
Terradot grew out of a research project at Stanford, where CEO James Kanoff and CPO Sasankh Munukutla were undergraduate students at the time. Shortly before graduating in 2022, they co-founded the company along with Kanoff’s former professor, Scott Fendorf, who is now Terradot’s chief scientist and technical advisor.
Before starting that research project, Kanoff had briefly dropped out of Stanford during the covid pandemic to co-found a nonprofit called the Farmlink Project that connects food banks to farms with excess produce. Kanoff met Sandberg through that initiative, which is how he was able to get the former Facebook COO’s support for Terradot as an investor.
“I’ve known James, the CEO, since long before this company started,” Sandberg said in a press release. “These are proven leaders, which is rare to find in an early-stage company. They have the drive, the right technology and a strong focus on execution to succeed.”
Enhanced rock weathering attempts to speed up a natural process that might otherwise take thousands of years. Rainfall naturally “weathers” or breaks down rock, releasing calcium and magnesium and triggering a chemical reaction that traps CO2 in water as bicarbonate. Groundwater carrying that bicarbonate eventually makes its way to the ocean, which stores the carbon and keeps it out of the atmosphere.
Accelerating the process, in theory, is simple: crush up rock and spread it out over a large area, increasing the surface area of exposed rock that reacts with CO2. Terradot has a 2029 deadline to make good on the 90,000-ton Frontier deal. It’s supposed to capture the additional 200,000 tons for Google by the early 2030s.
Terradot takes basalt from quarries in southern Brazil to nearby farms. Farmers can use the finely-ground basalt to manage the pH of soil, and carbon removal is a bonus. Terradot struck up a partnership with Brazil’s agricultural research agency (EMBRAPA), allowing the startup to use this strategy on more than one million hectares (roughly 2,471,054 acres) of land. Another perk in Brazil is a hot, humid climate that also helps to speed up the weathering process.
The tricky part will be trying to count how much CO2 Terradot actually manages to trap. Google admits this in its announcement:
Right now, it’s hard to measure with precision how much CO2 this process removes from the atmosphere. But the only way to develop highly rigorous measurement tools is to deploy this approach widely in the real world. That’s why our support aims to help Terradot’s solution get out of the lab more quickly.
Terradot says it’ll take soil samples to assess how much CO2 is captured based on how the rock degrades over time. But it’s harder to figure out how much calcium, magnesium, and bicarbonate makes it to the ocean to permanently sequester CO2. Fertilizer in the soil can also potentially limit how much carbon is captured through enhanced rock weathering.
“How much they sequester is still the outstanding question,” Jagoutz says. But he doesn’t think that uncertainty needs to stop trials in the real world. “I also think, why not try? … I don’t think we have the luxury to overthink it right now.”
Carbon dioxide emissions from fossil fuels are already making heatwaves, droughts, wildfires, storms, and other climate disasters more dangerous. And Google’s carbon footprint has grown as it builds out energy-hungry AI data centers. The company has recently announced plans to help develop advanced nuclear reactors and new solar and wind farms to power its data centers with carbon pollution-free electricity. When it comes down to it, switching to clean energy is the only effective way to stop climate change.
Carbon removal, at best, is just an attempt to counteract some of a company’s legacy of pollution while they make that energy transition. And even though Google says it signed the biggest ERW deal to date, 200,000 tons of carbon removal is still a small fraction of the 14.3 million metric tons of carbon dioxide pollution it was responsible for last year.
“It’s very clear that this is not a substitute for emissions reductions at all … we need both of these tools,” Kanoff says. “Any of the partners we’re even thinking about working with, they have some of the most aggressive emission reduction strategies of any of the companies really in the world. And those are the groups that we really want to partner with to advance carbon removal.”
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2024 in wearables: the year of the smart ring
When you say “wearables,” people generally think of smartwatches. But 2024 was a relatively quiet year for smartwatches, during which iterative updates reigned supreme. That happens in a maturing category. In exchange for polished products, you lose out on the weird frenetic energy — and sometimes ludicrously bad ideas — found when people are trying to figure out how to make a nascent gadget category work. Thankfully, it seems that energy is starting to bubble up with smart rings.
Smart rings are not new, but in 2024, there was a sort of renaissance for the category. I had an inkling that might be the case back in January, when several smart rings littered the CES show floor. And then Samsung kicked the door wide open in February by announcing the long-rumored Galaxy Ring. Samsung is a major player in the smartwatch space. For them to branch out into an entirely new wearable category? That’s big. It propels what’s thus far been a niche form factor into the mainstream.
This newer crop of smart rings — of which I tested several — is exciting because there are some funky ideas in the mix. The Galaxy Ring, for instance, can work in tandem with Samsung’s Galaxy Watches to optimize battery life and sensor accuracy. When paired with a Z Fold 6 or a Z Flip 6, it can recognize a pinching gesture to control the phone’s camera. A part of me hates that this can be viewed as a way to lock Samsung users into its ecosystem, but you have to admit: these are not use cases we’ve seen from smart rings yet.
It’s not just Samsung that is coming up with innovations. I absolutely didn’t enjoy my time with the Circular Slim, but I’ll give the company credit for thinking big. That ring lets you set silent haptic alarms and attempt an in-app AI chatbot. Movano’s Evie Ring also caught my eye for incorporating a distinctive open-gap design while ambitiously pursuing FDA clearance for its metrics. Even Casio is getting in on the fun with its take on a more retro low-tech smart ring.
It’s especially refreshing to see new ideas when you consider that Oura has pretty much dominated this space for the past decade. Oura primarily focuses on sleep tracking and recovery. (It’s very good at it, too.) That means that, up until recently, we’ve only really thought of smart rings as health trackers. Plus, if this past year is any indication, competition is good for Oura. The company has been launching new features at a steady clip and exploring new integrations with continuous glucose monitors, and it just released a fourth-gen ring.
Smart rings aren’t going to be on every finger in 2025. They’re expensive, and when compared to similarly priced smartwatches, they don’t do quite as much. They’re also challenging to make precisely because they’re so small — and require even smaller components. And let’s not forget fit. Watch straps adjust easily to different sized wrists. With smart rings, the manufacturer has to make 10–12 different sizes to encompass a much wider range of finger sizes — as well as account for seasonal swelling. Any way you slice it, smart rings are trickier to get right than smartwatches or fitness bands.
For all these reasons, I’m not sure how smart rings will fare in the year ahead. We don’t yet know how Samsung’s Galaxy Ring is doing in terms of sales. But if it does well, especially as an accessory to other gadgets, you can bet it’ll pique the interest of Google and Apple. (Even though Oura CEO Tom Hale is adamant that Apple won’t dip its toes into the smart ring space. Never mind all those rumors.) It’s also hard to tell how committed Samsung is to the Galaxy Ring if it doesn’t immediately succeed.
What I do know is that, during my summer of wearing six smart rings, I fielded a ton of questions from curious friends, family, colleagues, and acquaintances. Some of them were just sick of smartwatches and wanted to return to a good ol’ Casio. Others wanted something beautiful and discreet. A few were extremely into sleepmaxxing — a viral trend where people try to optimize their sleep quality — and thus heavily invested in something comfortable and long-lasting to track their sleep.
The interest is there. The question is whether this renaissance will continue or we’ll go back to Oura being the only game in town.
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