Exclusive: JPMorgan strikes carbon removal deal that doubles as wildfire prevention

JPMorganChase has inked a deal with a startup to remove carbon from the air — a step that could also prevent wildfires, Axios has learned.Why it matters: The purchase signals that the carbon removal industry is pushing ahead despite policy setbacks — and highlights how near-term benefits can help drive deals.Driving the news: Graphyte, a carbon removal company founded in 2023, will supply 60,000 tons of removal credits over 10 years from an existing Arkansas project and a planned facility in Ari...