This company says its technology can help save the world. It’s now cutting 20 of its staff as Trump slashes climate funding трипскан сайт Two huge plants in Iceland operate like giant vacuum cleaners sucking in air and stripping out planet-heating carbon pollution. This much-hyped climate technology is called direct air capture and the company behind these plants Switzerland-based Climeworks is perhaps its most high-profile proponent. But a year after opening a huge new facility Climeworks is straining against strong headwinds. The company announced this month it would lay off around 20 of its workforce blaming economic uncertainties and shifting climate policy priorities. https://trip-scan.top tripskan “We’ve always known this journey would be demanding. Today we find ourselves navigating a challenging time” Climeworks’ CEOs Christoph Gebald and Jan Wurzbacher said in a statement. This is particularly true of its US ambitions. A new direct air capture plant planned for Louisiana which received 50 million in funding from the Biden administration hangs in the balance as President Donald Trump slashes climate funding. Climeworks also faces mounting criticism for operating at only a fraction of its maximum capacity and for failing to remove more climate pollution than it emits. The company says these are teething pains inherent in setting up a new industry from scratch and that it has entered a new phase of global scale up. “The overall trajectory will be positive as we continue to define the technology” said a Climeworks spokesperson. For critics however these headwinds are evidence direct air capture is an expensive shiny distraction from effective climate action.
This company says its technology can help save the world. It’s now cutting 20 of its staff as Trump slashes climate funding трипскан сайт Two huge plants in Iceland operate like giant vacuum cleaners sucking in air and stripping out planet-heating carbon pollution. This much-hyped climate technology is called direct air capture and the company behind these plants Switzerland-based Climeworks is perhaps its most high-profile proponent. But a year after opening a huge new facility Climeworks is straining against strong headwinds. The company announced this month it would lay off around 20 of its workforce blaming economic uncertainties and shifting climate policy priorities. https://trip-scan.top tripskan “We’ve always known this journey would be demanding. Today we find ourselves navigating a challenging time” Climeworks’ CEOs Christoph Gebald and Jan Wurzbacher said in a statement. This is particularly true of its US ambitions. A new direct air capture plant planned for Louisiana which received 50 million in funding from the Biden administration hangs in the balance as President Donald Trump slashes climate funding. Climeworks also faces mounting criticism for operating at only a fraction of its maximum capacity and for failing to remove more climate pollution than it emits. The company says these are teething pains inherent in setting up a new industry from scratch and that it has entered a new phase of global scale up. “The overall trajectory will be positive as we continue to define the technology” said a Climeworks spokesperson. For critics however these headwinds are evidence direct air capture is an expensive shiny distraction from effective climate action.