Shopify is a company that provides online retailing solutions. In 2019, its goal was to become carbon neutral and accountable for all of its historical emissions. Carbon removal is the process of pulling carbon dioxide out of the atmosphere and storing it safely, but it is currently expensive and scarce due to the need for advanced technology and infrastructure. By 2050, the world needs to pull 10 gigatons of carbon dioxide out of the sky each year according to the speaker. Industries like oil and gas, manufacturing, and electricity could help develop carbon removal solutions due to their transferable skills. Examples of carbon removal companies mentioned are Climeworks, which operates a direct air capture facility in Iceland, and Running Tide and Heirloom
Shopify is a company that provides online retailing solutions. In 2019, its goal was to become carbon neutral and accountable for all of its historical emissions. Carbon removal is the process of pulling carbon dioxide out of the atmosphere and storing it safely, but it is currently expensive and scarce due to the need for advanced technology and infrastructure. By 2050, the world needs to pull 10 gigatons of carbon dioxide out of the sky each year according to the speaker. Industries like oil and gas, manufacturing, and electricity could help develop carbon removal solutions due to their transferable skills. Examples of carbon removal companies mentioned are Climeworks, which operates a direct air capture facility in Iceland, and Running Tide and Heirloom
Shopify is a company that provides online retailing solutions. In 2019, its goal was to become carbon neutral and accountable for all of its historical emissions. Carbon removal is the process of pulling carbon dioxide out of the atmosphere and storing it safely, but it is currently expensive and scarce due to the need for advanced technology and infrastructure. By 2050, the world needs to pull 10 gigatons of carbon dioxide out of the sky each year according to the speaker. Industries like oil and gas, manufacturing, and electricity could help develop carbon removal solutions due to their transferable skills. Examples of carbon removal companies mentioned are Climeworks, which operates a direct air capture facility in Iceland, and Running Tide and Heirloom
Shopify is a company that provides online retailing solutions. In 2019, its goal was to become carbon neutral and accountable for all of its historical emissions. Carbon removal is the process of pulling carbon dioxide out of the atmosphere and storing it safely, but it is currently expensive and scarce due to the need for advanced technology and infrastructure. By 2050, the world needs to pull 10 gigatons of carbon dioxide out of the sky each year according to the speaker. Industries like oil and gas, manufacturing, and electricity could help develop carbon removal solutions due to their transferable skills. Examples of carbon removal companies mentioned are Climeworks, which operates a direct air capture facility in Iceland, and Running Tide and Heirloom
1. What is the name of the company that the speaker works for and what does it do?
A) Shopify, a company that sells online shopping software
B) Shopify, a company that provides online retailing solutions C) Shopify, a company that manufactures online shopping carts D) Shopify, a company that delivers online shopping orders 2. What was the goal of the company in 2019 regarding its carbon emissions? A) To become a carbon-neutral company and be accountable for all of its historical emissions B) To become a carbon-positive company and offset all of its future emissions C) To become a carbon-negative company and remove all of its existing emissions D) To become a carbon-free company and eliminate all of its potential emissions 3. What is carbon removal and why is it expensive and scarce? A) Carbon removal is the process of pulling carbon dioxide out of the atmosphere and storing it safely, and it is expensive and scarce because it requires advanced technology and infrastructure B) Carbon removal is the process of reducing carbon dioxide emissions from various sources, and it is expensive and scarce because it requires behavioral change and regulation C) Carbon removal is the process of recycling carbon dioxide into useful products, and it is expensive and scarce because it requires innovation and market demand D) Carbon removal is the process of enhancing natural carbon sinks such as forests and oceans, and it is expensive and scarce because it requires land use and conservation 4.How much carbon dioxide does the world need to pull out of the sky every year by 2050 according to the speaker? A) Ten gigatons B) Ten megatons C) Ten kilotons D) Ten tons 5. What are some of the challenges that carbon removal faces compared to vaccine development? A) Carbon removal relies on clean power, which is not widely available B) Carbon removal is mostly at the start-up stage, while vaccine development has established companies C) Carbon removal lacks large-scale facilities, while vaccine development has existing manufacturing plants D) All of the above 6. What are some of the industries that the speaker suggests could help develop carbon removal with their transferable skills? A) Oil and gas, mining, manufacturing, infrastructure and electricity B) Agriculture, forestry, fishing, tourism and education C) Banking, insurance, consulting, media and entertainment D) Health care, biotechnology, pharmaceuticals, research and development 7. What are some of the challenges that carbon removal faces compared to vaccine development? A) Carbon removal relies on clean power, which is not widely available B) Carbon removal is mostly at the start-up stage, while vaccine development has established companies C) Carbon removal lacks large-scale facilities, while vaccine development has existing manufacturing plants D) All of the above 8. What are some of the industries that the speaker suggests could help develop carbon removal with their transferable skills? A) Oil and gas, mining, manufacturing, infrastructure and electricity B) Agriculture, forestry, fishing, tourism and education C) Banking, insurance, consulting, media and entertainment D) Health care, biotechnology, pharmaceuticals, research and development 9. What are the names of the three companies that the speaker gives as examples of carbon removal solutions and what are their methods? A) Climeworks, Running Tide, Heirloom; direct air capture, ocean kelp, limestone reaction B) Climeworks, Rising Tide, Heirloom; direct air capture, ocean kelp, limestone reaction C) Climeworks, Running Tide, Heirloom; direct air capture, ocean algae, limestone reaction D) Climeworks, Running Tide, Heirloom; direct air capture, ocean kelp, limestone extraction 10. How does Shopify plan to help its merchants become carbon-neutral and future-proof their businesses? A) By sharing its experience and expertise with them and making carbon removal solutions available on its platform B) By buying carbon removal solutions from them and making them part of its sustainability fund C) By providing them with clean power and infrastructure to operate their online stores D) By reducing its own emissions and offsetting the emissions of its merchants 11. What is the feedback loop that the speaker mentions and how does it work to spur innovation and drive the development of carbon removal? A) The feedback loop is the process of trying, learning and improving carbon removal solutions rather than trying to get them perfect on paper B) The feedback loop is the mechanism of setting a price in advance for carbon removal solutions and guaranteeing their economic viability C) The feedback loop is the cycle of reducing emissions and removing carbon dioxide from the atmosphere to achieve climate stability D) The feedback loop is the interaction of demand and supply for carbon removal solutions that creates a market for them 12. What is the name of the country where Climeworks operates its direct air capture facility? A) Iceland B) Switzerland C) Norway D) Canada