Schneider Electric and Climeworks Sign 31,000-Ton High-Durability Carbon Removal Agreement
Switzerland, Sept. 19 -- Schneider Electric, the global leader in the digital transformation of energy management and automation, and Climeworks, a global leader in carbon removal, announced today a major agreement to remove 31,000 tons of carbon dioxide from the atmosphere by 2039.This represents Schneider Electric's first purchase of high-durability carbon removal and Climeworks' largest-ever portfolio agreement to date.Net-zero ready operations through the next decadeOn behalf of Schneider Electric, Climeworks will remove 31,000 tons of CO2 through three high-durability solutions: Direct Air Capture and Storage, Bioenergy with Carbon Capture and Storage, and Enhanced Rock Weathering. Each of these solutions can store CO2 for thousands of...
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