The Net Zero Life

#17 Why We Need Carbon Removal (and How We Can Get There) with Nan Ransohoff, Head of Climate at Stripe

October 12, 2021

In order to be net-zero you first need to reduce your emissions as much as possible and then you can neutralize the remaining with carbon offsets. Except many experts in the the climate space will say that is incorrect, and will not help us prevent the worst impacts of climate change. What you actually need to do is neutralize them with carbon removal.

On the show today is Nan Ransohoff, Head of Climate at Stripe, to teach us the difference between carbon removal and carbon offsets, and share details about how she and her team are working to ensure carbon removal companies are growing at the pace we need them to in order to reach net-zero by 2050.

Stripe is a billion dollar “start-up” that when not simplifying payments and increasing the GDP of the internet, is working to ensure carbon removal technology develops at the pace needed to prevent the most catastrophic effects of climate change. 

Nan and her team are working to build a large-scale, voluntary market for carbon removal by pooling demand from Stripe’s 1M+ users, and then using those funds to help promising new carbon removal technologies accelerate down the cost curve.

Nan and I discuss her journey into the world of climate, her mental model for climate action, and the role of carbon removal in achieving net-zero emissions. We also dive into why Stripe Climate is putting in the legwork so humanity has the menu of options it needs by 2050 to reach net-zero emissions. 

Additional resources mentioned in the episode:

You can get in touch with Nan on Twitter @nanransohoff, and via email at nransohoff@stripe.com.

Season two is powered by Climate People. If you are a software developer or recruiter looking to get into climate tech, Climate People is the best place to start. You can reach Brendan Anderson, CEO of Climate People, at brendan@climatepeople.com.

Keep up with the show by following The Net Zero Life on Twitter and Instagram (@thenetzerolife). 

You can also get in touch at www.thenetzerolife.com or via email at nathan@thenetzerolife.com.

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