Proof - A snapshot of October 2023
Climeworks
With our Direct Air Capture technology, we remove CO₂ from the air to fight global warming.
Dear friends of carbon removal,
Since last year’s groundbreaking of our second direct air capture and storage (DAC+S) plant, Mammoth, the construction has rapidly advanced from a barren site into a facility. Most recently, a CO₂ absorption tower developed by Carbfix was added as a new component. It’s a testament to our close collaboration with Carbfix and a tangible example of how deployment drives further innovation. We’re learning with every step we take on our mission to megaton and, ultimately, gigaton capacity.
CO₂ absorption tower: a new feature for the DAC+S process at Mammoth
The CO₂ absorption tower developed by Carbfix, and now owned by Climeworks as part of the Mammoth plant, is one of several components that distinguish Mammoth from Orca. Inside the tower, air-captured CO₂ from Mammoth is dissolved in water and then delivered to Carbfix for underground mineralization. This shift of delivering CO₂ dissolved in water, instead of gaseous CO₂ at Orca, makes Mammoth’s process less energy-intensive.
Take a look at the photos of the CO₂ absorption tower being installed and learn more about the other features that we have improved compared to Orca.
“More than any other company, Climeworks is putting direct air capture on the map”
Thank you to MIT Technology Review for featuring Climeworks on the 2023 list of 15 climate tech companies to watch! We’re honored to be included as one of the world’s most advanced DAC companies and to represent the CDR industry.
Fueled by the U.S. DOE’s Regional DAC Hubs program, pioneering corporate buyers, investors, and policy frameworks, the CDR industry as a whole is one to watch. Take a look at the CDR map put together by CDR.fyi for a glimpse at how our industry is rapidly evolving around the world.
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Will you be in Davos? Let’s connect!
The World Economic Forum Annual Meeting in Davos convenes leaders across business, government, and civil society to focus on some of the world’s biggest challenges. As an official member of the World Economic Forum, Climeworks will advance climate action through meaningful events, conversations, and networking opportunities at Davos 2024 (January 15-19).
Throughout the week, we'll raise awareness about how carbon removal technologies, alongside emissions reductions, help fight climate change and catalyze powerful benefits for businesses and communities.
Join us to explore pressing questions about the journey towards a net-zero future. We'll discuss key challenges in creating a robust net-zero roadmap, examine common obstacles faced by leaders, and discuss effective strategies for articulating emissions reduction and removal.
Are you interested in collaborating or connecting with us at Davos? We'd love to hear from you.
Reach out to us at wef@climeworks.com
We can get to net zero. And beyond.
So long friends, let's do this!
Your Climeworks team
⚡⚡Forcing digitization into the world's 3rd least digitized industry...⚡⚡
11moHi Climeworks. Can you update about the risk status of ORCA in Iceland given the eruption developments and necessary wall aroung the geotermal central.
Congratulations on the 10th issue and the recognition by MIT Technology Review! Your innovative CO₂ absorption tower is a testament to Climeworks' commitment to advancing DAC technology. Excited to see your impact at Davos 2024
Director @ UBP | IMD MBA | IIT | Finance, Entrepreneurship, Energy & Technology | Ex-SLB, Honeywell & Alpian
12moWell done, team Climeworks ! This is truly an embodiment of innovation driven by real-world field experience.
CEO & Founder REGEN Industrial Hemp USA
12moI apologize but there's more to the story. We live in systems that are interconnected. When 1 shifts it creates an imbalance and we are right in 1. There is also Climate History. There are Climate Cycles. 100,000 year, 40,000 year, 10,000 year, & 100 year cycle. We were in a 100 year cycle at the beginning of the Industrial Era and since as a species have made the largest impact on those systems & cycles. Everything has a impact on them. Forest Fires for instance created a very bad growing season where I am. Increase levels of C02 is why Coral is dying. The melting icepacks desalinate the ocean and slow down the current in the Atlantic & the Gulf of MX. Actually accumulated heat can be diluted and the only way we can restore some normalcy is growing Industrial Hemp. Yes. It eats more C02 then any other plant on Earth while it produces more oxygen then any other plant on Earth and in the process of releasing the oxygen it releases a vapor. When we acknowledge we are humans and that it's a lot more complicated by Nature we can be observant enough to see the possibilities. There are so many cycles that impact the Systems of Earth and the quality of the life we can expect. Thank You, Jane regenhempusa.com