Climeworks News

Startup Climeworks Battles Big Oil for the $1 Trillion Future of Carbon Capture

Most everyone who’s committed their career to solving the climate crisis comes to the field because they have something they want to save. It’s the mountains for Christoph Gebald, whose startup, Climeworks AG, is among the pioneers of sucking carbon …

The Global Urgency of Building the Carbon Removal Industry

“If you build it, they will come.” This famous, but paraphrased, quote from the film “Field of Dreams” is apropos of the fledgling carbon removal industry. The demand is there, but supply needs to be built. The carbon removal industry …

World’s Largest Carbon Capturing Technology Plant Starts in Iceland

The world’s largest plant that sucks carbon dioxide directly from the air and deposits it underground is due to start operating on Wednesday, the company behind the nascent green technology said. Swiss start-up Climeworks AG, which specializes in capturing carbon …

Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change

Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term purchase agreement for direct air capture and storage of carbon dioxide, worth US$10 million over 10 years. For Swiss Re, …

Climate Engineering Companies Aim to Curb Global Warming with Science

Scientists are sucking carbon dioxide from the air with giant fans and preparing to release chemicals from a balloon to dim the sun’s rays as part of a climate engineering push to cool the planet. Backers say the risky, often …