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.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside the Issue 🌎 Global Leaders Converge in Edmonton September 23-25 for Carbon Capture Canada as Federal Government Expected to Boost Industrial Carbon Pricing in Fall 2025 ✈️ Delta Partners Wi...
Inside This Issue 📉 EPA Releases Proposal to End the Burdensome, Costly Greenhouse Gas Reporting Program, Saving up to $2.4 Billion 📊 California to Extend Cap-and-trade Program Aimed at Advancing ...
Inside this Issue ✈️ CORSIA Transforms Aviation Compliance Into Market Gold Rush 📉 IEA Cuts 2030 Low-emissions Hydrogen Production Outlook by Nearly a Quarter 🎤 GenH2 Executive Chairman Josh McMor...
More than 5,000 attendees are expected at Canada’s national Carbon Capture, Utilization and Storage (CCUS) convention to address industry opportunities in the sector from geopolitical advantage to ...
1PointFive and NYK Announce Carbon Removal Agreement
Second NYK transaction continues to build momentum for Direct Air Capture as a solution for the maritime sector HOUSTON, Sept. 17, 2025 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilizatio...
Led by cornerstone investors Alaska Airlines, American Airlines, with International Airlines Group (IAG), Cathay Pacific, and Japan Airlines from oneworld alliance, and Singapore Airlines as part o...
Eaton to Showcase Technologies for Hydrogen-Powered Commercial Vehicles at IAA Transportation 2024
HANOVER, Germany--(BUSINESS WIRE)--Intelligent power management company Eaton announced it will showcase a broad range of innovative solutions for hydrogen-powered commercial vehicles September 17–...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.