Climeworks Receives First Ever AAA Rating From BeZero Carbon
Published by Todd Bush on August 19, 2024
Climeworks has long been committed to high quality, durable, and measurable carbon removal. As we wrote last year in “Why Third Party Verification Matters,” while it is critical to increase the supply of carbon removal on the market as fast as possible, reaching the gigaton target should not come at the expense of high-quality criteria. That’s why we are particularly thrilled to share our Orca plant has achieved a groundbreaking BeZero Carbon Rating of AAA. Not only is this the highest rating in the industry, it is also the first time such a rating has been awarded to any project. This marks a significant milestone for both the carbon removal industry and for Climeworks as a leader in the field.
Climeworks' Orca plant in Iceland, the world's first direct air capture and storage facility in commercial operations.
>> In Other News: Next Hydrogen to Supply Latest Generation Electrolysis Technology for Renewable Energy Ammonia Production Research
This prestigious rating from BeZero reflects the very high effectiveness of our projects in removing CO₂ from the atmosphere. As a leading independent carbon ratings agency, BeZero’s assessment, supported by a robust team of climate scientists, geospatial experts, and analysts, reinforces the exceptional impact of our work. This achievement sets a new benchmark for the industry and highlights the transformative potential of direct air capture and carbon removal technologies.
A huge shoutout to our partners who have made this achievement possible: our storage partner, Carbfix, whose innovative solutions ensure secure and permanent storage of captured CO₂, and Puro.earth, our certifier, whose rigorous standards and validation have been integral to this success.
With Orca's AAA rating, we're proud to lead the way in direct air capture and carbon removal, showcasing the future of climate action.
Subscribe to the newsletter
Daily decarbonization data and news delivered to your inbox
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Latest issues
-
250,000 Tonnes of CO2: One Shipping Deal
Inside This Issue 🚢 Fortescue and CMB.TECH Sign Milestone Agreement for 12 Ammonia Bulkers to Accelerate Zero-Emissions Shipping 🌱 Mati Carbon Hits New Bar for Carbon Removal Certification With Is...
-
$915 Million Says Carbon Removal Isn't Slowing Down
Inside This Issue 🌐 Frontier Secures $915 Million From Google, Anthropic and Tech Buyers to Scale Permanent Carbon Removal 🧪 IEA Cuts 2030 Clean Hydrogen Outlook by 40% as Investment Stalls 🦘 Aust...
-
Cow Manure → Jet Fuel? The World’s First Full Conversion Just Happened
Inside This Issue 🐄 Circularity Fuels Converts Raw Dairy Biogas to Jet Fuel in World First End-to-End Pilot 🌍 Puro.earth Hits Milestone With 1 Million Retired Carbon Removal Certificates 🍁 Alberta...
Company Announcements
-
Gevocarbon.com Expands Customer Access to Carbon Business Company featured in top five of carbon suppliers on CDR.fyi ENGLEWOOD, Colo., June 23, 2026 (GLOBE NEWSWIRE) -- Gevo, Inc., a diversified...
-
HOUSTON, TX, UNITED STATES, June 23, 2026 -- Utility Global (“Utility”), a global, U.S.-based economic industrial decarbonization company enabling practical solutions for hard-to-abate industries, ...
-
Refinity is developing an integrated pathway to convert mixed plastic waste into circular olefins and specialty hydrocarbon products, bypassing bio-based feedstock constraints Refinity, an Innvent...
-
Executive leadership expansion reflects growing momentum at Lawson and the Company's next phase of development across Saskatchewan's Genesis Trend Genesis Explained: Its “Salt Barrier” Advantage a...