Apple Launches $200 Million 'Restore Fund' To Target Carbon Removal

Apple on Thursday announced it's launching a $200 million "Restore Fund" that will "make investments in forestry projects to remove carbon from the atmosphere while generating a financial return for investors." From a report: The move is the latest step by the world's largest tech companies to invest in climate initiatives, including a number of efforts to finance technologies and methods to not only cut emissions, but remove atmospheric CO2.

Hidden carbon.

[Ostracus]

Elimination of fossil fuels as a power, and vehicle source. Less use of petrochemicals like plastics.

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[DontBeAMoran]

I'll do you one better: I bought a plastic sink!

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[Neuroelectronic]

Then you can do me two better and buy another.

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[93 Escort Wagon]

Yo, dawg...

Re: Hidden carbon.

[sadtrev]

Taking Carbon out of the air takes a lot of energy and /or space, and then storing it safely out of harm's way is difficult. Fortunately, mother nature already figured this out. We call it "coal".
Unfortunately some idiots are digging it back up and burning it to produce a tiny fraction of the useful energy that it's going to take to recapture it, stabilise it, and then re-bury it.
Increasing planetary tree cover is nice, but is not a feasible offset for the millions of years of carbon sequestration that's be

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[jellomizer]

The Carbon didn't just go from the atmosphere and right into Coal. It was absorbed my Photosynthesizing life, (Plants, Algae, Microorganisms) Over a case of millions of years, when the Life had died it settled to a spot and got burred and compressed before it would release it back into the atmosphere.

Increasing Plat coverage is nice, however it could come in a tradeoff and in competition with Solar Power as well, as well many tree can cause havoc on our necessary infrastructure. When I was a Kid, I was l

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[rtb61]

Takes up a whole lot less space if you do it in the sea instead of on land. Double plus bonus with marine aquaculture, not only can you suck up carbon with plant growth but calcium carbonate means any shell fish growth sucks up carbon and turns it into a solid mass the shell of shellfish. So farming abalone should become a thing, lots of algae growth and the shells are a massive carbon sink and have high value in all sorts of direct products, buttons and the like and the waste just dumped on driveways or us

Yet they would save the environment more

[xack]

By letting people fix their computers instead of having to throw them away due to a soldered on component failing. Also within the next 5 years tens of millions of Macs will be trashed because Apple no longer supports Intel.

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[RemindMeLater]

Apple literally states they are going to "remove carbon from the atmosphere while generating a financial return for investors." If there's no profit they are not interested. It's that simple.

As an aside, people should be under no illusion that we can remove carbon from the atmosphere at a true profit. The government might pay someone to do so but that's a tax on the rest of us by any other name. There's hundreds of gigatons of trace gas and waste product CO2 that needs to be pulled out of the atmospher

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[AvitarX]

I would think managed lumber can be a carbon sink and profitable.

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[AvitarX]

It doesn't need to scale up for Apple, just scale up to the size of their investment.

Five year lifecycles because..

[martynhare]

Corporations can claim capital allowances when replacing IT hardware. This allows for rolling changes as assets depreciate in value. I'm not an accountant but my understanding is that we incentivise wasting resources over repairing/reusing things long-term.

We need to incentivise long-term support for electronics on a business-to-business level first, rather than rewarding waste...

I have a better idea

[slashmydots]

Wait...I have a better idea! Why don't they have their underage illegal slave labor force go capture the CO2. Give them some glass jars or something.

Hows about forest management?

[Chas]

Since California's stopped using state funding to clear underbrush and prevent forest fires...

FAR more carbon is sequestered in unburnt forests than in wildfire zones.

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[Jerry Rivers]

~60% of California forests are federally managed. Nearly all California forest fires were on federally managed land in 2020.

https://www.politico.com/news/... [politico.com]

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[Chas]

And of course it's easy as pie to figure out where the initial spark was days after a wildfire rolls through and reduces everything to ash...

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[Jerry Rivers]

And of course it's easy as pie to figure out where the initial spark was days after a wildfire rolls through and reduces everything to ash...

Actually, it's not all that hard to tell when I fire is started by lightening or humans. It's called forensic science. Read about it sometime.

Investment NOT climate

[sdinfoserv]

"generating a financial return for investors." - Corporations treating everything from minerals to people as an exploitable commodities is how we got here. If Apple was really socially, environmentally or humanistically conscientious, they might think 1st about moving their manufacturing out of a slave labor country that ignores human rights, environmental laws, and intellectual property laws. This is a “fund”, just like any other hedge fund trying to capitalize off the buzz words of the time

Everyone seems to forget

[bobstreo]

That soda and beer all contain C02. if you don't drink it, it's remediated.

For soda alone:

" Total annual carbon dioxide emissions is about 27.4 billion metric tons. Thus, 0.001 percent of all carbon dioxide emissions in the United States is contributed by carbonated soft drinks."

So everyone should go out and buy soda and beer, and never drink it.

Thanks;

Coke, Pepsi and Budweiser /s

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[93 Escort Wagon]

They’re welcome to store the beer at my house. I promise to take good care of it.

$200 million advertisement

[sound+vision]

This is just a $200 million advertisement. Brand image. Notice how they even slipped in a part about "generating a financial return". Sorry, that's not what fixing the carbon problem is about. It will never give you a financial return except in a few corner cases. You, as an individual or organization, do not get anything back. The party is over, and it's time to clean up the puke. (Or you could just let it rot there I guess, like a civilized person.)

If they really cared about carbon, they'd do something to