19-05-2025
Tech that's supposed to take CO2 out of the atmosphere is falling far short of expectations.
Microsoft, TikTok, and other big names have signed deals with Climeworks, a company developing technologies to filter CO2 out of the air, as a way to try to clean up some of their planet-heating pollution. But Climeworks hasn't even been able to capture enough CO2 to offset its own carbon footprint yet.
The climate tech company announced layoffs as it faces ' a challenging time ' — including uncertainty around the future of its projects in the US.
