Climeworks began operations in May at its largest direct air capture and storage facility to date. The Iceland plant has capacity to remove 36,000 metric tons of CO2 from the air per year. In this episode of Bloomberg Intelligence’s ESG Currents podcast, BI’s director of ESG research Eric Kane is joined by Climeworks CFO Andreas Aepli to discuss the company’s technology and how it plans to scale up to collect 1 million metric tons of CO2 from the atmosphere a year by 2030. They also talk about the energy requirements of direct air capture, how the cost of the technology is changing, the importance of removal credits for CO2 and more.

This episode was recorded on June 20.

Climeworks began operations in May at its largest direct air capture and storage facility to date. The Iceland plant has capacity to remove 36,000 metric tons of CO2 from the air per year. In this episode of Bloomberg Intelligence’s ESG Currents podcast, BI’s director of ESG research Eric Kane is joined by Climeworks CFO Andreas Aepli to discuss the company’s technology and how it plans to scale up to collect 1 million metric tons of CO2 from the atmosphere a year by 2030. They also talk about the energy requirements of direct air capture, how the cost of the technology is changing, the importance of removal credits for CO2 and more.
This episode was recorded on June 20.

ESG has become established as a key business theme as companies and investors seek to navigate the climate crisis, energy transition, social megatrends, mounting regulatory attention and pressure from other stakeholders. The rapidly evolving landscape has become inundated with acronyms, buzz words, and lingo and we aim to break these down with industry experts.

ESG has become established as a key business theme as companies and investors seek to navigate the climate crisis, energy transition, social megatrends, mounting regulatory attention and pressure from other stakeholders. The rapidly evolving landscape has become inundated with acronyms, buzz words, and lingo and we aim to break these down with industry experts.

ESG Currents

Climeworks CFO Aepli on Putting the CO2 Genie Back in the Bottle

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/c5da24b8-9ef6-41ad-9a3f-b1b700eb03ca/transcript

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