Bitcoin billionaires bet big on reviving woolly mammoths to combat climate change

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( September 13, 2021 10:00 AM GMT-4; https://fortune.com/ )



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In these dystopian times, they look for any excuse for whatever they want.


Four thousand years ago, woolly mammoths went extinct, and one of the planet’s most biodiverse habitats, the Mammoth Steppe, disappeared from the Arctic tundra.


Harvard genetics professor George Church believes that bringing back these ancient creatures through genetic engineering could help reverse climate change by restoring the plant root systems where the mammoths graze and thereby pull more carbon from the atmosphere.


Church’s effort to bring back lost species, known as de-extinction, is now the focus of a startup called Colossal. On Sept. 13, he and his partner, serial entrepreneur Ben Lamm, publicly debuted the company with $15 million in funding from billionaires Cameron and Tyler Winklevoss of Winklevoss Capital, Tim Draper of Draper Associates, Peter Diamandis of Bold Capital, and Jim Breyer of Breyer Capital.


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