Two companies that come at carbon capture differently will be working together with a goal to lower the cost of the technology by about 80%, making it more widely accessible in the fight against climate change.
Canada-based Svante Inc. will provide Climeworks, a Zurich-based pioneer in direct-air-capture, access to its patented solid absorbent technology, the companies said in a statement. They plan to develop facilities that simultaneously capture the greenhouse gas from both industrial sources and ambient air.
