Swiss cleantech company Climeworks has partnered with Reykjavik Energy to combine direct air capture (DAC) technology for the world’s first time with safe and permanent geological storage.
As part of the CarbFix2 project Climeworks will demonstrate a safe, economically-viable and highly scalable carbon removal technology. This type of solution has been recognised as a crucial component in efforts to achieve global warming targets.
The EU-backed collaborative research project centres around one of the world’s largest geothermal power plants in Hellisheidi, Iceland, where carbon dioxide (CO2) is currently injected and mineralised at an industrial scale. A Climeworks DAC module has been installed on-site to capture CO2 from ambient air for permanent storage underground, thus creating a carbon removal solution. Scientific studies have warned that the two-degree climate target is not achievable without carbon removal solutions. Carbon negative solutions are also likely to be a key theme at the UN Climate Conference COP 23 starting in Bonn next month.
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