5 Carbon Dioxide Removal Developments That Defined 2024 [Forbes]
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Source: Forbes
The Swiss start-up Climeworks and Icelandic partner Carbfix collaborated on the Mammoth project, utilizing Climeworks' Direct Air Capture (DAC) technology to extract CO2 directly from the air using fans and special filters. Powered by clean geothermal energy, the CO2 is then pumped deep into Iceland's bedrock, locking it away permanently. Mammoth's annual capture of 36,000 tons of CO2 is seen as a significant step in fighting climate change. (Photo by John Moore/Getty Images) Getty Images As the world grapples with the accelerating impacts of climate change, 2024 emerged as another landmark year for the carbon dioxide removal (CDR) industry. Advances in technology, increased financial backing, and regulatory momentum have pushed the sector closer to becoming an essential cornerstone of global climate strategy. But despite mounting enthusiasm, valid questions about scalability, cost, and regulatory frameworks remain. Pre-purchases are essential, but the industry must start delive
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