EPA administrator Lee Zeldin is reportedly expected to repeal the 2009 "endangerment finding" that underpins U.S. climate regulatory efforts.

Tem has built a transaction engine that relies on AI to cut costs. Lightspeed led the round to help the startup expand to the U.S. and Australia.

The acquisition could mark the beginning of consolidation in the carbon-removal market since removal costs remain higher than buyers would like to pay.