Mammoth storage facility
Hellisheidi , Iceland
Climeworks , a leader in carbon dioxide removal through direct air capture , has broken ground on its appropriately titled Mammoth storage facility in Iceland . Mammoth meets long-term market demand for permanent CO2 removal from the atmosphere .
Following earlier purchases from Stripe , Klarna , Square Inc ., LGT and Verdane , UBS is the latest and largest financial services company to commit to Climeworks ’ carbon removal solution in a 10-year deal . energydigital . com 11