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The unit will have the capacity to remove 1,000 tonnes of CO2 per year
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The project will deploy CarbonCapture’s direct air capture system with Frontier Carbon Solutions’ CO2 transportation and storage infrastructure in Wyoming
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The financial services company has partnered with the Swiss direct air capture specialist to help offset its unavoidable carbon emissions
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Climeworks’ new direct air capture plant will have a nominal carbon dioxide capture capacity of 36,000 tons per year when fully operational, with the aim of removing gigatons of CO2 from the atmosphere each year by 2050
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The luxury jewellery firm is backing the company’s commercial direct air capture project, claimed to be the world’ first project of its kind, in Iceland
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It will use the funding to accelerate its research and development programme and build its first pilot plant
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