Offset reset? Climeworks secures 'historic' first contracts for CO2-sucking system

Michael Holder
clock • 3 min read

Swiss firm claims 'historic' deals mark the first time a company has been commissioned to permanently remove CO2 from the atmosphere

Rightly or wrongly carbon offset credits have always faced plenty of questions. Advocates of the approach have long argued they provide an effective means of mobilising investment in emissions reduction...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Technology

'Households are moving fast': Over 2.5 million households now using 'smart tariffs'

'Households are moving fast': Over 2.5 million households now using 'smart tariffs'

Report reveals rapid increase in number of households switching to smart tariffs that incentivise people to use power when electricity is at its cleanest and cheapest

James Murray
clock 17 December 2025 • 3 min read
AI's climate dividend: Wielding the power of software optimisation to decarbonise industry

AI's climate dividend: Wielding the power of software optimisation to decarbonise industry

Ultimately, the question of whether AI will be a net positive force for the environment rests on how we direct capital and capability, writes Andrew Wordsworth from Sustainable Ventures

Andrew Wordsworth, Sustainable Ventures
clock 16 December 2025 • 5 min read
How Permia Sensing is using AI, drone, and satellite tech to boost yields for farmers

How Permia Sensing is using AI, drone, and satellite tech to boost yields for farmers

Efrem de Paiva, CEO of Permia Sensing, explains how the firm combines 'ecological understanding' with deep tech, and is gearing up to expand across the Global South

Stuart Stone
clock 15 December 2025 • 4 min read