It was an incredible experience to attend the “Unveiling Mammoth” on May 7, 2024, in Reykjavik, Iceland. The Sustainable Markets Initiative kicked off our "Seeing is Believing" series program at the "Unveiling Mammoth". The SMI’s Seeing is Believing series, inspired by His Majesty King Charles III, aims to allow its CEO members to engage in immersive experiences and real-world environments to gain a deeper level of understanding of the urgency and opportunity of a sustainable future.
The key takeaways for guests were:
-- 18 months after groundbreaking, the infrastructure of Climeworks’ latest and to-date largest direct air capture and storage plant ‘Mammoth’ has been successfully put in place, with 90% of the systems operational, including that of storage partner Carbfix.
-- Climeworks is now ready to add the last part of the plant, its CO₂ collector containers, which will filter the CO₂ out of the air. The plant's first 12 CO₂ collector containers have already arrived onsite, and preparations for the first CO₂ removal are underway.
Located in Iceland, Mammoth is an order of magnitude larger than Climeworks’ previous plant ‘Orca’ and, therefore, an important milestone in Climeworks’ journey to reach megaton capacity by 2030 and gigaton scale by 2050. Next, Climeworks will start building a megaton hub in the U.S. – with valuable operational experience derived from its now two commercial plants in Iceland.
Learn more by accessing :
Climeworks switches on world's largest direct air capture plant
https://lnkd.in/eUvRTF9T.
Sustainable Markets Initiative
https://lnkd.in/erJ7EgPz
#globaleconomy #sustainableinvesting #directaircapture #highqualitycarbonremoval #geothermolenergy #megatonroadmaps #SeeingIsBelieving
Former Head Cement Industrial Switzerland/Italy bei Holcim Schweiz / Suisse / Svizzera
1wWell done Cngratulation