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
-
EPA's Bold Move: Cutting Import Credits to Boost U.S. Biofuel Output
Inside This Issue 🌽 EPA's Bold Move: Cutting Import Credits to Boost U.S. Biofuel Output 🔬 Enertopia Announces Oxyhydrogen Mobile Lab in Operation 💰 Emissions Tech Venture Secures UK Grant for Sou...
-
Two Corporate Giants Just Backed “Air Mining”
Inside This Issue 🏦 Corporate Giants Signal DAC Market Is Ready for Prime Time ⚗️ Thyssenkrupp Nucera Abandons US Green Hydrogen Projects No Longer Deemed Feasible - CEO 🏭 Mission Zero Opens Third...
-
Freight’s Big Bet: Hydrogen’s Turning Point?
Inside This Issue 🚢 Freight Giants Drive Hydrogen's Market Reality ⚡ SunHydrogen Achieves Live Demonstration of Commercial-Size Hydrogen Module 📢 MAX Power Partners with Caram Media and TMI Digita...
Company Announcements
-
NEW YORK -- Global Infrastructure Partners (GIP), a part of BlackRock and one of the world’s leading infrastructure investors, announced today that it has entered into a definitive agreement to acq...
-
Coastal Bend LNG and Solvanic Announce Carbon Capture FEED Study
HOUSTON-- Coastal Bend LNG, developer of a multi-train natural gas liquefaction and export facility along the Texas Gulf Coast, today announced it has commenced a front-end engineering and design (...
-
RICHLAND, Wash.--(BUSINESS WIRE)--OCOchem, a rapidly scaling pioneer of CO2 electrolysis and conversion technologies, today announced production partnership agreement with ADM (NYSE: ADM), a global...
-
Advent Technologies and Stralis announce Pioneering Relationship to Advance Hydrogen Electric Flight
LIVERMORE, Calif., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven leader in the fuel cell and hydrogen technology sector, is supplying its ...