Source link : https://tech365.info/climeworks-dac-fiscal-collapse-the-brutal-actuality-of-pulling-carbon-from-the-sky-cleantechnica/
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Final Up to date on: fifteenth Might 2025, 01:01 pm
In 2024, Climeworks’ direct air seize (DAC) Mammoth plant in Iceland captured simply 105 tonnes of carbon dioxide. That’s not per day, not per week, that’s whole, throughout the 12 months. For context, that’s lower than the annual tailpipe emissions from a dozen long-haul vans, or roughly one-thousandth of what the corporate mentioned the plant was constructed to take away. In mid 2025, the corporate started shedding a minimal of 10% of its ~500 workers. For a agency that raised over $800 million in fairness and subsidies, hailed as a pioneer of direct air seize, the numbers are sobering. However they don’t seem to be stunning. They’re merely the inevitable results of colliding hopeful techno-optimism with the brutal constraints of physics, economics, and scale.
DAC has at all times promised a seductive narrative: the power to suck carbon out of the sky, retailer it underground, and purchase ourselves a local weather mulligan. It promised to scrub up after fossil fuels with out requiring too many life-style modifications. It was a know-how that mentioned sure — to grease corporations, to airways, to governments slow-walking their emissions insurance policies. And for a time, it regarded prefer it would possibly work. Massive…
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Author : tech365
Publish date : 2025-05-17 09:27:00
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