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
-
Canada Nickel Just Buried CO₂ Before Mining Even Started
Inside This Issue ⛏️ Canada Nickel And UT Prove Mining Can Fight Climate Change 🛰️ OGCI And Carbon Mapper Team Up To Reduce Methane Emissions From The Oil And Gas Sector 🚛 RNG Continues To Lead As...
-
96% Pure H₂ Found Underground — Now What?
Inside This Issue 🧪 HyTerra's Kansas H₂ Could Power a Historic Industry First 🤝 Prime Minister Carney Secures Ambitious New Partnership With India Focused on Energy, Talent, and Technology Françai...
-
What Do Submarines Have to Do With Hydrogen?
Inside This Issue 🚢 Hyundai Pitches Hydrogen Transport Tied To Canada Submarine Bid 🧱 The LEGO Group Expands Its Portfolio Of Carbon Removal Solutions 🏆 SAF Pioneer LanzaJet Honored With RFA Indus...
Company Announcements
-
OGCI And Carbon Mapper Team Up To Reduce Methane Emissions From The Oil And Gas Sector
OGCI, Carbon Mapper collaboration combines public satellite methane data and science-driven strategy with industry-led engagement. Mitigating methane emissions is one of the fastest and most effec...
-
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Clean Energy Fuels Corp. (NASDAQ: CLNE), the largest provider of the cleanest fuel for the transportation market, has announced a slew of deals with trucking...
-
MENLO PARK, Calif., March 4, 2026 /PRNewswire/ -- Mainspring Energy Inc. today announced that it has been awarded a contract by the United States Department of the Air Force (DAF) for a pilot progr...
-
Plug Power Welcomes Jose Luis Crespo as Chief Executive Officer
Crespo’s commercial and operational expertise positions Plug for disciplined growth and execution SLINGERLANDS, N.Y., March 03, 2026 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global le...