Supplier: Climeworks AG
Website: http://www.climeworks.com/
Climeworks completes the commercial operations of its 1st gen technology in Hinwil, Switzerland, the world’s first commercial DAC facility
In Hinwil, Climeworks’ air-captured CO₂ was provided to customers for utilization — an existing market for CO₂, which enabled the first commercial operation of Climeworks’ DAC technology
Climeworks becomes first supplier of long-term, technology-based carbon removal to Microsoft, as the companies sign a 10-year offtake agreement
Climeworks is excited to take its collaboration with Microsoft to the next level: following its selection as part of Microsoft’s carbon removal portfolio last year, the two companies have now closed a new 10-year carbon removal offtake agreement
Carbon removals must not become an expensive greenwashing tool
Supporters of carbon removal technologies often confuse carbon capture and storage (CCS) with negative emissions. They also risk greenwashing industry claims of climate neutrality, and encourage massive investments in false climate ‘solutions’ that risk becoming stranded assets
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