According to CleanTehnica, Elon Musk and Alphabet, which is the parent company of Google, are two of other entities that will take part in a 2 billion dollars investment for carbon removal solutions.

The Biden administration will take part in the effort as well, looking to offer 3.5 billion dollars in order to set up four different carbon removal hubs in the USA that would develop and test this technology.

The acceleration in the adoption of carbon removal solutions comes as the Intergovernmental Panel on Climate Change (IPCC) recently announced that the implementation of these technologies is "unavoidable" if we want to prevent climate catastrophes.

Niall Mac Dowell, energy systems engineer, says that "we need to get to zero emissions globally and then go negative by a significant amount. To fully compensate for the damage to the planet, you need to permanently remove the CO₂ from the atmosphere."

While carbon removal started gaining traction, the technology is more complicated than carbon capture and storage, like trapping the gases at the top of smokestacks and pumping them back into the earth.

Some of the solutions that could help with regards to carbon removal are literally vacuuming CO2 out of the atmosphere, reforestation and planting seaweed forests across the ocean floor.

In order to meet our climate deadlines, we need to combine carbon removal technologies with adopting a cleaner and greener transportation system and adopting more sustainable and renewable forms of energy, such as solar and wind power.