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Swiss company specializing in carbon dioxide air capture technology
Climeworks AG
Company type
Aktiengesellschaft
Industry
Direct air capture
Founded
November 2009 (2009-11)
Headquarters
Zürich
,
Switzerland
Website
https://climeworks.com
Climeworks AG is a Swiss company specializing in direct air capture (DAC) technology. The company filters CO2 directly from the ambient air through an adsorption-desorption process.[1] At its first commercial direct air capture and storage plant, Orca, in Hellisheidi, Iceland, the air-captured CO2 is handed over to storage partner Carbfix, who injects it deep underground where it mineralizes and turns into stone.[2] Climeworks's machines are powered by renewable energy or energy-from-waste, with a carbon dioxide re-emission rate of less than 10%.[3]
The company was founded in 2009 by mechanical engineers Dr. Christoph Gebald and Dr. Jan Wurzbacher, who lead the company as co-CEOs. Climeworks has put more than 15 direct air capture plants into operation all over Europe. In Iceland, Climeworks operates a large-scale direct air capture and storage plant named 'Orca,' which is designed to remove carbon dioxide from the air permanently.[4] According to the Intergovernmental Panel on Climate Change (IPCC), carbon removal technologies are necessary to mitigate climate change. The IPCC’s modelled pathways show that to limit global warming to 1.5 °C with no or limited overshoot it would require up to 310 billion tons of direct air capture and storage by 2100.[5]
To contribute to the standardization and scale-up of high-quality, permanent removals, In September 2022, Climeworks and Carbfix introduced a comprehensive methodology dedicated to carbon dioxide removal through direct air capture and underground mineralization storage.[6] This methodology has been validated by the independent quality and assurance leader DNV. It provides the requirements for stringent standards by which measurement and reporting of Climeworks' carbon dioxide removal and Carbfix‘s permanent mineralization can be third-party verified.
^Simon Evans (22 June 2017). "The Swiss company hoping to capture 1% of global CO2 emissions by 2025". Carbonbrief. Retrieved 3 August 2018.
^"World's biggest machine capturing carbon from air turned on in Iceland". The Guardian. Agence France-Presse. 9 September 2021. ISSN 0261-3077. Retrieved 27 July 2023.
^Deutz, Sarah; Bardow, André (February 2021). "Life-cycle assessment of an industrial direct air capture process based on temperature–vacuum swing adsorption". Nature Energy. 6 (2): 203–213. Bibcode:2021NatEn...6..203D. doi:10.1038/s41560-020-00771-9. ISSN 2058-7546.
^"The world's biggest carbon-removal plant switches on". The Economist. ISSN 0013-0613. Retrieved 27 July 2023.
^"Climate Change 2022: Mitigation of Climate Change". www.ipcc.ch. Retrieved 27 July 2023.
^George, Violet (19 September 2022). "Climeworks & Carbfix Get Approval For DAC+S Certification". Carbon Herald. Retrieved 27 July 2023.
company as co-CEOs. Climeworks has put more than 15 direct air capture plants into operation all over Europe. In Iceland, Climeworks operates a large-scale...
$600 to capture one tonne of CO2 from the air.[need quotation to verify] Climeworks partnered with Reykjavik Energy in Carbfix, a project launched in 2007...
November 2018. "Climeworks makes history with world-first commercial CO2 capture plant | Climeworks – Capturing CO2 from Air". www.climeworks.com. Retrieved...
carbon neutrality in Europe by 2030, and also disclosed an investment in Climeworks, a direct air capture company partnered with Carbfix for carbon sequestration...
the biggest Swiss 2022 venture capital investment in cleantech company Climeworks, the world's largest direct air capture and storage plant. Also in 2022...
tons of carbon dioxide removal (CDR) from multiple companies (including Climeworks and Charm Industrial) after announcing the previous month that it would...
in their investment strategies, with PG investing in companies such as Climeworks. In April 2022, Blue Earth was the lead investor in Sense's Series C funding...
Quercus, Sustainable Food Trust, Global Tech Advocates, Knowledge Pele, Climeworks, Cleaner Seas Group, Conservation Collective and the Devon Environment...
March 2021. On January 28, 2021, Microsoft disclosed an investment in Climeworks, a direct air capture company, one year after the company announced a...
Cypress in Calcasieu Parish, Louisiana, run by Battelle Memorial Institute, Climeworks and Heirloom Carbon Technologies. The projects together will remove 2...
Show and Electric Hot Dog: Jimmy Fallon June 27, 2022 NA/423 HIBT Lab! Climeworks: Jan Wurzbacher June 30, 2022 NA/424 Happy Family Organics: Shazi Visram...
Biorecro, Sweden; Black Carbon, Denmark; Carbon Engineering, Canada; Climeworks, Switzerland; COAWAY, US; Full Circle Biochar, US; Global Thermostat,...
coal in the region. The Orca Carbon Capture plant owned and operated by Climeworks has been sequestering atmospheric CO2 since 2021, in cohesion with a geothermal...
"Turning point for a climate-crisis solution" with Christoph Gebald of Climeworks 2/3/2023 148 "Betting on the Super Bowl" with Amy Howe of FanDuel 2/9/2023...
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