Climeworks’ response to the IPCC report
The latest IPCC report published on Monday 8th October made clear that in addition to reducing worldwide emissions, we need to actively remove CO2 from our atmosphere. This is the only way to protect humanity against the worst consequences of global warming.
The global potential for developing DAC technology, combined with underground mineralization – often referred to as Direct Air Capture and Storage (DACS) – is enormous: Climeworks plants can be built anywhere basalt rock and renewable energy sources are available. More importantly, DACS has minimal impact on land and ecosystems and requires no water.
Iceland plant and on to expansion
In October 2017, Climeworks launched a pilot plant in Iceland as part of the Horizon 2020-funded CarbFix2 project. After a successful year-long demonstration of Direct Air Capture and Storage as a safe, permanent and scalable technology, Climeworks and the CarbFix consortium are now ready to start the project-planning phase for expanding its DACS capacity.
Building the community
With this expansion, the plan is to offer individuals, countries, businesses and institutions the opportunity to reverse their past, present and future emissions, permanently and safely.
Climeworks is capturing CO2 from air with the world’s first commercial carbon removal technology. The direct air capture plants remove CO2 from the atmosphere to supply to customers and to unlock a negative emissions future.
The pure CO2 gas is sold to customers in key markets, including commercial agriculture, food and beverage industries, the energy sector and the automotive industry. Customers utilise this atmospheric CO2 in carbonated drinks or for producing carbon-neutral hydrocarbon fuels and materials. By using Climeworks’ CO2, our customers can reduce their overall emissions as well as lowering their dependence on fossil energy.
Climeworks’ plants are modular, scalable and can be located independently of emission sources, allowing security of supply wherever there is atmospheric air. Importantly, our plants can be utilised for negative emissions, which will be vital in the quest to limit a global temperature rise of 2°C. Compared to other carbon removal technologies, direct air capture does not depend on arable land, has a small physical footprint, and is fully scalable.
Founded by engineers, Christoph Gebald and Jan Wurzbacher, Climeworks has assembled the largest team of experts in the field and developed high-quality testing and production facilities. Climeworks will keep working to realise its mission to capture one percent of global emissions by 2025.
For more information, visit: www.climeworks.com