World Economic Forum 2022
Børge Brende, John Kerry, Xie Zhenhua, Geraldine Matchett, Elizabeth Wathuti, and Marc Benioff attend the annual meeting of the World Economic Forum in Davos, Switzerland, on May 24th, 2022. | Photo by Dursun Aydemir/Anadolu Agency via Getty Images

Alphabet, Microsoft, and Salesforce today pledged $500 million to new climate tech that’s supposed to pull carbon dioxide out of the atmosphere to keep it from heating up the planet. It’s the latest move by Big Tech to propel the emerging technology forward while painting themselves as global leaders when it comes to taking action on climate change.

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