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October 20, 2022 04:59 pm
Original Link: https://www.theverge.com/2022/10/20/23414385/climeworks-carbon-removal-direct-air-capture-plant-capricorn-hinwil-switzerland
Climeworks closes a chapter in early carbon removal tech
Swiss company Climeworks plans to phase out the first-generation technology that made it a pioneer in the business of carbon removal. The move is part of Climeworks’ pivot away from selling its captured carbon dioxide to companies like Coca-Cola. Instead, Climeworks says it will focus on efforts to store the CO2 underground permanently.
Climeworks became the first company to suck carbon dioxide out of the air and sell it as a product back in 2017. That’s when its direct air capture (DAC) plant called Capricorn opened in Hinwil, Switzerland. Beyond being foundational to Climeworks’ continued growth, Capricorn’s mere existence was a major milestone for the brand-new carbon removal industry. Five years later, Capricorn is essentially...
Original Link: https://www.theverge.com/2022/10/20/23414385/climeworks-carbon-removal-direct-air-capture-plant-capricorn-hinwil-switzerland
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