Big money — from the three biggest economies in the world, as well as scores of ambitious venture capitalists — is suddenly flying toward startups promising to help the world build a carbon-free future.

It’s a shift from the world of software into the actual world, following the trajectory of a tech founder like Peter Reinhardt, who sold a software company for $3.2 billion in 2020 and now leads carbon-storage company Charm Industrial. The newer startup, which he co-founded in 2018, turns carbon-rich biomass into sludge that can be safely buried underground. “We need to rebuild almost all the infrastructure around us to eliminate fossil fuel emissions and return the atmosphere to pre-industrial CO₂ levels,” Reinhardt says. “That will require a tectonic shift.”

To read the full article, please click – https://www.bloomberg.com/graphics/2023-climate-tech-startups-where-to-invest/?srnd=green&leadSource=reddit_wall

The article was written by –  Akshat Rathi  and Eric Roston