Iceland to build world's largest plant to capture CO2 from the air

Iceland to build world's largest plant to capture CO2 from the air Climeworks
Olena Yatseno

It will absorb 36,000 tons of CO2 from the air annually

Construction has begun on the world's largest plant in Iceland that will absorb carbon dioxide from the air and bury it underground.

A plant called Mammoth will be built on the Hellisheiði plateau, reports Reuters.

This is another project of the Swiss climate technology company Climeworks.

As a reminder, in September 2021, Climeworks opened the previous largest plant in the world to capture carbon from the air, called Orca. It can capture up to 4,000 tons of carbon dioxide per year, which is roughly equal to the emissions from 790 gas-powered passenger vehicles.

The capture volume of the Mammoth plant will be about nine times higher. When the plant is operational in 18-24 months, it is expected to absorb 36,000 tons of CO2 from the air annually.

The new installation will consist of 80 units of fans and filters that take in air and extract CO2 from it.

Once extracted, the carbon dioxide will mix with water and be pumped underground, where it turns into rock. The technology is being handled by Icelandic carbon storage company Carbfix, using a nearby geothermal power plant.

Before EcoPolicy reported that Taiwan built ecoskyscraper that absorbs carbon dioxide.

Related
A relaxation of the EU ETS? The EU is set to review free emission allowances in the coming days
A relaxation of the EU ETS? The EU is set to review free emission allowances in the coming days

In addition, there are plans to allocate €30 billion to support industrial decarbonization projects

Oil and gas companies have cut spending on environmental projects by 30% over the past year
Oil and gas companies have cut spending on environmental projects by 30% over the past year

Analysts consider the U.S. government's consistent crackdown on the clean energy sector to be a key factor

Italy has allocated only 9% of its EU ETS auction proceeds to climate measures
Italy has allocated only 9% of its EU ETS auction proceeds to climate measures

In addition to the misuse of funds, analysts have noted a lack of comprehensive reporting

Spain has come out in defense of the EU ETS, calling for the suspension of the system
Spain has come out in defense of the EU ETS, calling for the suspension of the system

As early as this week, European leaders will discuss options for lowering energy prices at a summit