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Top related persons:
Jan Wurzbacher - 2 Climeworks - 1 — - 1 it's - 1 JPMorgan Chase - 1 Wurzbacher - 1 ” - 1 Lili Fuhr - 1
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Iceland Kenya Mammoth Paris Canada Norway Oman Louisiana
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Service - 1 UN - 1 Carbon Project - 1 Microsoft - 1 Swiss - 1 JPMorgan - 1 US Department of Energy - 1 Occidental Petroleum - 1

Search resuls for: "Wurzbacher"


4 mentions found


☆ The world's largest fans designed to suck carbon from the air are up and running in Iceland
  + stars: | 2024-05-09 | by ( Catherine Boudreau | ) www.businessinsider.com   time to read: +4 min
Climeworks' direct-air-capture plant can remove up to 36,000 metric tons of carbon from the air a year. AdvertisementThe startup Climeworks this week switched on the largest direct-air-capture plant, which pulls carbon dioxide from the sky and locks it away underground. Climateworks' Mammoth plant also cost hundreds of millions of dollars to build, though the company didn't disclose the exact amount. AdvertisementClimeworks aims to become large enough to remove 1 million metric tons of carbon a year by 2030 and 1 billion metric tons by 2050 — or a megaton and gigaton. The two plants could remove more than 2 million metric tons of carbon dioxide from the air each year.
Persons: Climeworks, —, it's, JPMorgan Chase, Jan Wurzbacher, Wurzbacher Organizations: Service, UN, Carbon Project, Microsoft, Swiss, JPMorgan, US Department of Energy, Occidental Petroleum Locations: Mammoth, Iceland, Paris, Canada, Norway, Oman, Kenya, Louisiana, West Texas
☆ ‘World’s largest’ plant to suck carbon out of the air and turn it into stone opens in Iceland
  + stars: | 2024-05-08 | by ( Laura Paddison | ) edition.cnn.com   time to read: +4 min
Direct air capture, or DAC, is a technology designed to suck in air and strip out the carbon using chemicals. Climeworks plans to transport the carbon underground where it will be naturally transformed into stone, locking up the carbon permanently. ClimeworksClimeworks' Mammoth plant will eventually be able to capture 36,000 tons of carbon from the air. It will increase the size of equipment to capture carbon pollution. It’s this kind of process that makes some critics concerned carbon removal technologies could be used to prolong production of fossil fuels.
Persons: ”, Lili Fuhr, Haukur, Climeworks Climeworks, Stuart Haszeldine, it’s, Jan Wurzbacher Organizations: CNN, Climeworks, Center for International Environmental Law, Mammoth, University of Edinburgh, International Energy Agency, Stratos, Occidental Locations: Iceland, Swiss, Texas, Occidental, Kenya, United States
☆ Swiss company that counts Microsoft as a customer says it's removed CO2 from the air and put it in the ground
  + stars: | 2023-01-12 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +2 min
It the first time a company has successfully taken carbon dioxide out of the atmosphere, put it underground to be locked away permanently and delivered that permanent carbon removal to a paying customer. They have been scaling the technology for direct carbon removal, wherein machines vacuum greenhouse gasses out of the air. The cost of carbon dioxide removal and storage for these corporate clients is confidential and depends on what quantity of carbon dioxide the companies want to have removed and over what period of time. Climeworks' largest carbon dioxide removal facility is located in Iceland, where it partners with CarbFix, which stores the gas underground. CarbFix dissolves carbon dioxide in water then intermingles that mixture with basalt rock formations.
☆ Goldman Sachs insiders are concerned about CEO David Solomon's push to build his personal brand
  + stars: | 2022-09-25 | by ( Matt Turner | Jordan Parker Erb | Lily Katzman | ) www.businessinsider.com   time to read: +5 min
On the agenda today:But first: This week, Insider launched its inaugural Climate Action 30, a prestigious list of leaders working toward climate solutions. Lily Katzman, an associate editor on our Special Projects team, gives us a behind-the-scenes look at the project. InsiderWhen we say climate heroes, the usual suspects — think Greta Thunberg and Al Gore — come to mind. That's where Insider's Climate Action 30 comes into play. ReutersDavid Solomon, Goldman Sachs' CEO, moonlights as an electronic-music DJ, playing high-profile gigs like the Lollapalooza music festival and Tomorrowland, a Belgian music festival.
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