Climeworks

12 statements across 1 episodes · 6 bullish · 1 bearish · 1 people on the record · first statement Jun 30, 2022 by Jan Wurzbacher · said 28 times in 2 episodes since 2022 · across every show →

Mentions by year

brought up most by Jan Wurzbacher (20), Guy Raz (8)

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2024 2 mentions in 1 episode
2022 26 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Climeworks, oldest first

Jun 30, 2022 bullish
Assertion Supported
Wurzbacher: Direct air capture is 1,000x more area-efficient than trees
“If you build machines like we are doing, you can do it on much, much less area. So you are about a thousand times more area efficient. So at the same area where you can take one ton out of the air with trees, you could take a thousand tons out of the air with …”
Jan Wurzbacher Jun 30, 2022 ▶ 10:52 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 bullish
Prediction Open · timeframe Dec 2029
Wurzbacher: Direct air capture will reach million-ton scale by 2030
“This industry is set up to scaling up to the million tons per year scale in the next couple of Years towards the end of this decade. So that's what will happen. We are doing that like a handful of other companies are working towards that.”
Jan Wurzbacher Jun 30, 2022 ▶ 20:54 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 bullish
Disclosure
Wurzbacher: Climeworks is building a capture plant 10x larger than Orca
“Like, based on that, we are now building a 10 times larger plant.”
Jan Wurzbacher Jun 30, 2022 ▶ 27:44 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 neutral
Assertion Supported
Wurzbacher: Climeworks' Orca plant captures 4,000 tons of CO2 annually
“Everyone has eight containers, so that ends up then with a total nominal capacity of, ah, 4000 tons of CO₂ per year that can be captured.”
Jan Wurzbacher Jun 30, 2022 ▶ 27:27 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 positive
Assertion Supported
Wurzbacher: Injected CO₂ turns into stone underground within two years
“They have developed this method where they inject the CO₂ in underground porous rocks, where the CO₂ is mineralizing with the rocks, so within two years, the CO₂ is just turned into stone there”
Jan Wurzbacher Jun 30, 2022 ▶ 17:27 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 positive
Assertion Supported
Wurzbacher: Climeworks has surpassed 14,000 direct individual subscribers
“We've had since beginning over 14,000 customers, and that's increasing”
Jan Wurzbacher Jun 30, 2022 ▶ 31:11 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 neutral
Assertion Supported
Wurzbacher: Climeworks sold its first captured CO₂ to greenhouses and Coca-Cola
“Our first Plant we built here in Switzerland, and that is taking, that's still an operation, that is taking CO₂ out of the air to then sell the CO₂ to a greenhouse. They are fertilizing their plants with CO₂, and also to Coca-Cola, who are making sparkling dri…”
Jan Wurzbacher Jun 30, 2022 ▶ 13:16 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 neutral
Assertion Not checkable as stated
Wurzbacher: Capturing 1% of emissions requires 750,000 shipping container-sized units
“You would need something like 750,000 containers for that, which Is that a large number? It's actually not a large number. It's actually what goes through Shanghai port in two weeks, right? It's like, it's not a lot compared to global economy.”
Jan Wurzbacher Jun 30, 2022 ▶ 22:14 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 bullish
Prediction Not checkable as stated
Wurzbacher: Direct air capture will scale and drop in cost like solar
“And that's the same, what has had to happen in our industry, and I'm sure that will happen over the next two decades to come.”
Jan Wurzbacher Jun 30, 2022 ▶ 20:06 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 negative
Insight
Wurzbacher: Selling captured CO₂ to beverage makers has zero climate benefit
“Like, in terms of climate effects, that market is totally irrelevant. Like, is that a market? Could you grow a sustainable business on that? Yes, sure. So you, we could have decided just to become a small, medium-sized company developing direct air capture pla…”
Jan Wurzbacher Jun 30, 2022 ▶ 14:14 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022
Assertion Supported
Wurzbacher: Capturing one ton of CO2 requires filtering 2M cubic meters of air
“Like to take a ton of CO₂ out of ambient air, you need to filter around two million cubic meters of air.”
Jan Wurzbacher Jun 30, 2022 ▶ 6:44 HIBT Lab! Climeworks: Jan Wurzbacher
Jun 30, 2022 neutral
Insight
Wurzbacher: Reaching gigaton-scale carbon removal requires government mandates and taxes
“95% of the population Would likely only do this when they are forced to it. And that's eventually to get to billions of tons of CO two removal. We need regulation. We need corresponding legislation. We need governmental procurement programs that might be CO tw…”
Jan Wurzbacher Jun 30, 2022 ▶ 32:30 HIBT Lab! Climeworks: Jan Wurzbacher
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