Zero

Carbon Removal Pioneer Climeworks Tackles Its First Major Layoff

“We are coming out of a phase of extreme growth,” co-founder Jan Wurzbacher said on the Zero podcast, as the startup focuses on cost cutting amid unfavorable market conditions.

Jan Wurzbacher

Photographer: Heida Helgadottir/Bloomberg

Scientists are clear that meeting climate goals means ending carbon pollution and drawing down excess CO2 from the air. That’s why carbon-removal technologies have proliferated over the past decade. But with the US government slashing climate incentives and programs, some companies are being forced to cut costs.

This week Akshat Rathi speaks with Jan Wurzbacher, co-founder of Climeworks, a startup that pulls carbon dioxide from the air, about its first major layoff and what the future holds for the most expensive climate solution.