Swiss-Icelandic partnership launches the world’s largest CO2 extraction plant
Switzerland-based startup Climeworks, which specialises in carbon dioxide air capturing technology, has teamed up with Icelandic carbon storage firm Carbfix, to develop the world’s largest carbon-capturing plant.
The plant has been in operation since early September 2021 and is projected to absorb 4,000 tonnes of carbon dioxide directly from the air each year, which, according to the US Environmental Protection Agency, equates to the emissions generated by approximately 870 cars.
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