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Meta joins Stripe

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producthunt.com

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hello@digest.producthunt.com

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Wed, Apr 13, 2022 03:05 PM

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We probably don’t need to remind you of the importance of reducing carbon emissions, but you mi

We probably don’t need to remind you of the importance of reducing carbon emissions, but you might be less familiar... [Product Hunt]( [Read in browser]( [This newsletter is brought to you by]( [Stripe’s plan to turbocharge carbon removal]( We probably don’t need to remind you of the importance of reducing carbon emissions, but you might be less familiar with progress around removing the gigatons of carbon dioxide already in the atmosphere and ocean. A new initiative led by [Stripe]( called [Frontier](, in partnership with Alphabet, Shopify, Meta, and McKinsey, is putting the topic in the spotlight. The plan is to purchase $925M worth of carbon removal from companies developing carbon removal technologies. The model is called an AMC (advance market commitment), a term borrowed from NGOs working on vaccine development and distribution. It works like a binding contract that guarantees a viable market for a product once it’s successfully developed. Frontier is intended to encourage researchers, entrepreneurs, and investors to accelerate the development of carbon removal technologies by guaranteeing future demand for them. Stripe is using [Stripe Climate](, a tool that allows businesses to direct a fraction of their revenue towards carbon dioxide removal, to provide some customers to Frontier. Frontier is one of many global and corporate initiatives in the carbon removal space. [Climeworks]( just raised $600M for its direct air capture technology. Governments are trying to do their part too. The UK and EU have committed to capture 6 million tons of carbon dioxide per year. While some may celebrate the news, if you’re feeling skeptical, we don’t blame you. So far, fewer than 10K tons of carbon dioxide have been captured to date, and it’s believed 6 billion tons need to be removed by 2050 to achieve net-zero carbon emissions and limit global warming. So is Frontier just a marketing stunt from some of big tech’s most controversial players? There’s no doubt such a partnership will make a big PR splash and executives be early to pat themselves on the back. But the reality of our meager progress against carbon removal reveals that we all need to be doing more to support such technologies and we’re hopeful that Stripe’s solution may kickstart more progress. Are you optimistic about Frontier? [Join the conversation](. [CHIME IN]( LET THE GAMES BEGIN [Unreal Engine 5]( helps game developers and creators create real-time 3D content and experiences. [To the metaverse]( Sponsored By [The Juice]( helps you discover and manage B2B content. The tool curates and recommends content for marketing and sales professionals. It enables you to search and filter by content type – think eBooks, reports, podcasts, etc. The website also gives you the opportunity to speed past gated content, meaning you no longer have to fill out a lead generation form every time you want to read an eBook. When you want to read, watch, or listen, simply click the blue button. [DISCOVER CONTENT]( Wednesday, 13 April 2022 Yesterday's Top Products [mesha]( [Group investing for everyone]( [▲ 857+]( [Paved Ad Network]( [Put your newsletter advertising on autopilot]( [▲ 607+]( [Pulsetic]( [Website uptime monitoring, alerts, status pages & badges]( [▲ 433+]( [MicroAcquire]( [A free & anonymous startup acquisition marketplace]( [▲ 6878+](  [Promoted]( [DAO Legal Wrapper]( [Structure your DAO to operate in the real world]( [▲ 328+]( [Soteri Skin]( [Long-term relief for eczema and chronic skin conditions]( [▲ 400+]( [Damnnnn]( [Bite-sized social learning app]( [▲ 332+]( [Product-Led Growth Book]( [Build a product that sells itself]( [▲ 235+]( [Feedback Fin]( [An open-source widget to collect feedback, from any website.]( [▲ 217+]( [Lensto: Photo & Background Effects]( [Love your photos and look your best with Lensto AI editor]( [▲ 155+]( [Future of Product Management Report 2022]( [Insights from 5,000 Product Managers]( [▲ 209+]( [Discover many more]( CAT NIPS - [Archbee 3.0]( is a documentation tool that helps you onboard and activate technical audiences using your products. - [Soteri Skin]( corrects then "locks in" the ideal skin-surface pH to provide long-term relief for eczema and chronic skin conditions. - [Feedback Fin]( is a widget that helps you collect feedback anywhere on your websites. - [DAO Legal Wrapper]( helps DAO founders figure out the legal requirements for their project, including which countries are most suitable for their legal structure. [Tell us how we're doing]( [We're working on improving Product Hunt every day and we want to hear from you. What do you love? How could we do better? All feedback is helpful.]( [Speak your mind]( We send this email daily. Feel free to update your [email preferences]( or [unsubscribe]( from these emails at any time. [Advertise](, [Twitter](, [Facebook](, [Stories](

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