Carbon Engineering expands capacity

The expansion, from 500,000 tonnes to an expected one million tonnes, will enable corporate customers to permanently remove carbon dioxide (CO₂) emissions from the atmosphere to be permanently stored underground each year.

“Over the last few years we have observed a growing consensus in the science and policy sectors that both aggressive emissions reductions and large-scale removal of CO₂ from the atmosphere is essential,” said Steve Oldham, CEO of Carbon Engineering.

“We are now seeing this consensus building in the private sector. Corporations are publicly committing to reduce their environmental footprints, and many are finding that while some of their emissions can be directly cut out or reduced from within their activities, others are far more challenging.” 

“For these hard to eliminate emissions, the ability to remove an equivalent quantity of CO₂ directly from the atmosphere is a powerful new tool to include in their sustainability toolkits.”

The planned facility is being engineered in partnership with Oxy Low Carbon Venture, LLV, a subsidiary of Occidental and safe CO₂ management and injection specialist.

“By capturing CO₂ directly out of the air, DAC can eliminate any emissions, regardless of where and when they occurred,” Oldham continued.

”Importantly, the exact amount of carbon captured and permanently stored is measured, making this a verifiable and quantifiable solution for CO₂ removal, or ‘negative emissions’, that has the potential to be scaled up to capture and store huge quantities of atmospheric CO₂.”

“We’re essentially providing a service, much like water treatment, sanitation, or waste disposal. But instead, we’re providing an air treatment service that removes the excess CO₂ in the atmosphere, which the scientists tell us is putting out planet at risk.”