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One of the company’s founders, Christoph Gebald, told Carbon Brief: “With this plant, we can show costs of roughly $600 per tonne, which is, of course, if we compare it to a market price, very high.
“But, if we compare it to studies which have been done previously, projecting the costs of direct air capture, it’s a sensation.” Previous research into the idea had assumed a cost of $1,000 per tonne.
A Swiss company has opened what is believed to be the world’s first ‘commercial’ plant that sucks carbon dioxide from the atmosphere, a process that could help reduce global warming.
Climeworks, which created the plant in Hinwil, near Zurich, told the Carbon Brief website that the process was currently not making money.
Alchemists have often been dismissed as pseudoscientific charlatans but in many ways they paved the way for modern chemistry and medicine.