An Israeli startup says its new technology will save the planet, scientists have doubts

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The startup Gigablue announced with fanfare this year that it reached a historic milestone: selling 200,000 carbon credits to fund what it describes as a groundbreaking technology in the fight against climate change.

Formed three years ago by a group of entrepreneurs in Israel, the company says it has designed particles that when released in the ocean will trcarbon at the bottom of the sea. By “harnessing the power of nature,” Gigablue says, its work will do nothing less than save the planet.

But outside scientists frustrated by the lack of information…



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An Israeli startup says its new technology will save the planet, scientists have doubts



The startup Gigablue announced with fanfare this year that it reached a historic milestone: selling 200,000 carbon credits to fund what it describes as a groundbreaking technology in the fight against climate change.

Formed three years ago by a group of entrepreneurs in Israel, the company says it has designed particles that when released in the ocean will trcarbon at the bottom of the sea. By “harnessing the power of nature,” Gigablue says, its work will do nothing less than save the planet.

But outside scientists frustrated by the lack of information…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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