JPMorgan Chase to spend $200 million on carbon dioxide removals

LONDON, May 23 (Reuters) – U.S. bank JPMorgan Chase & Co (JPM.N) will spend over $200 million on carbon dioxide removal credits to take away and store 800,000 tons of emissions as part of its sustainability efforts, it said on Tuesday. Even with pledges of huge reductions in emissions, many scientists believe extracting carbon dioxide (CO2) by…

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