NEWS COMMENTARY

Climeworks to launch new direct air capture facility with Audi in Iceland

Published:
September 17, 2020
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Climeworks will launch a 4,000 metric ton per year direct air capture (DAC) commercial facility in Iceland in collaboration with Audi – the two companies previously collaborated on a demo-scale CO2-to-fuels project that also included Sunfire back in 2015. This time, the captured CO2 will be stored underground through a natural mineralization process. Since 2015, Climeworks has shifted from selling DAC units to offering CO2 sequestration as a service; the company intends to sequester ambient CO2 and offer credits to clients looking to offset their emissions. According to the press release, Audi will buy 1,000 credits from the upcoming Icelandic project.

For the original news article, click here .


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