Iceland. May 2025. Paul Homewood writes that Climeworks, a Swiss company that claims to operate 15 “carbon capture” plants across Europe, ACTUALLY EMITS MORE CO2 than it “captures.”
The company has been blessed with worshipful headlines around the globe. Founded by two engineers, Climeworks proports to offer technological solution to “the problem” of supposed excess CO2 in the atmosphere by building massive metal filter-and-fan machines designed to suck CO2 from the air.
(Of course, CO2 levels in the atmosphere are presently LOWER than levels during most of the earth’s history. Earth’s flora and fauna evolved in higher-CO2 climates and thrives in higher-CO2 environments.)
Now, according to Paul Homewood, “Climeworks in Iceland has only captured just over 2,400 carbon units since it began operations in the [Iceland] in 2021, out of the twelve thousand units that company officials have repeatedly claimed the company’s machines can capture. This is confirmed by figures from the Finnish company Puro.Earth on the one hand and from the company’s annual accounts on the other. Climeworks has made international news for capturing carbon directly from the atmosphere. For this, the company uses large machines located in Hellisheiði, in South Iceland. They are said to have the capacity to collect four thousand tons of CO2 each year directly from the atmosphere.“
“According to data available to Heimildin, it is clear that this goal has never been achieved and that Climeworks does not capture enough carbon units to offset its own operations, emissions amounting to 1,700 tons of CO2 in 2023. The emissions that occur due to Climeworks’ activities are therefore more than it captures. Since the company began capturing in Iceland, it has captured a maximum of one thousand tons of CO2 in one year.“
Read the full story here.
“DAC [direct air capture] is an unproven process at scale, but will almost certainly be unimaginably expensive. In particular, DAC needs phenomenal amounts of energy, which itself produces CO2 emissions one way or another.”
So part of the scam is to “sell carbon credits.”
“More than 20,000 people pay Climeworks monthly for CO2 capture.”
“According to the company, one third of all the credits that the Mammoth capture plant [in Iceland] is expected to capture from the atmosphere over the next 25 years have already been sold.”
