Technology that extracts carbon from the air is running now in Iceland and supposed to help fight climate change. Image source: Shutterstock (#611794541).
Switzerland-based company Climeworks in partnership with Reykjavik Energy has officially started extracting carbon dioxide from the air with new innovative technology. Although it is not even close to be economically viable at the moment, the pilot demonstration in Iceland might help draw funding when temperatures continue to climb.
“This is small scale, but the main reason is to prepare a scale-up” of the tech, explained Jan Wurzbacher, the director and founder of Climeworks.
The captured carbon dioxide is then sequestered underground where it is expected to turn to stone over a long period of time.
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