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Stock impact report

The ‘world's largest' vacuum to suck climate pollution out of the air just opened. Here's how it works [CNN]

ENEL SPA UNSP/ADR (ENLAY) 
NASDAQ:AMEX Investor Relations: enel.com/investors
Company Research Source: CNN
“Mammoth” is the second commercial direct air capture plant opened by Swiss company Climeworks in the country, and is 10 times bigger than its predecessor, Orca, which started running in 2021. Direct air capture, or DAC, is a technology designed to suck in air and strip out the carbon using chemicals. The carbon can then be injected deep beneath the ground, reused or transformed into solid products. Climeworks plans to transport the carbon underground where it will be naturally transformed into stone, locking up the carbon permanently. It is partnering with Icelandic company Carbfix for this so-called sequestration process. The whole operation will be powered by Iceland's abundant, clean geothermal energy. Ad Feedback Climeworks factory with it's fans in front of the collector, drawing in ambient air and release it, as largely purified CO2 through ventilators at the back is seen at the Hellisheidi power plant near Reykjavik on October 11, 2021. - Climeworks factory is in IC Show less Read more
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