With Mammoth 's 72 industrial fans, Swiss start-up Climeworks intends to suck 36,000 tonnes of CO2 from the air annually to bury underground, vying to prove the technology has a place in the fight against global warming.
It adds significant capacity to the Climework’s first project Orca, which also sucks the primary greenhouse gas fuelling climate change from the atmosphere. “I quite strongly believe that a large share of these… need to be covered by technical solutions,” he said.“Not we alone, not as a single company. Others should do that as well,” he added, setting his start-up of 520 employees the goal of surpassing millions of tonnes by 2030 and approaching a billion by 2050.
Climeworks is a pioneer with the two first plants in the world to have surpassed the pilot stage at a cost around $1,000 per tonne captured. Wurzbacher expects the cost to decline to just $300 in 2030. “We are currently doing a pilot testing of using seawater for injection,” Sandra Osk Snaebjorndottir, chief scientist at Carbfix.
Amid insecurity, foreign exchange crisis, Naira depreciation and undue political interference, the telecommunications sector contributed N33 trillion to Nigeria’s Gross Domestic Product in 2023, with N2.4 trillion in tax revenue.
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