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Carbon capture company emits more than it captures (climateandcapitalism.com)
submitted 5 days ago by hanrahan@slrpnk.net to c/climate@slrpnk.net
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Between April 2021 and October 2024, British physicist Michael de Podesta paid £40 per month to carbon capture company Climeworks. In return, the company promised to remove 50 kilograms of carbon dioxide each month. But in September 2024, de Podesta wrote that “when I checked the other day they had removed precisely no CO₂ from the atmosphere”.

The following day, de Podesta wrote, “I conclude that I am indeed a gullible idiot.”

Climateworks’ business model involves selling carbon credits for CO₂ that it hopes to capture in the future

Good scam if you can convince people...so have they convinced anyone

Microsoft, UBS, Morgan Stanley, Stripe, Shopify, British Airways, Lego, Swiss Air, PwC, and TikTok.

Oh /s

I guess "in the future" is a promise you can always give, like "free beeer tomorrow"

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[-] Nighed@feddit.uk 7 points 5 days ago

Probably worth trying though?

We can concentrate energy way better than plants can, so the possibility is there. The problem is that as Climateworks is a private company, they are not releasing the data that might help others.

this post was submitted on 04 Jun 2025
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