'Proactively adapting': carbon capture pioneer Climeworks cuts 106 jobs

Christoph Gebald and Jan Wurzbacher, co-founders of Climeworks. Photo: press image.
21 maj 2025
12:21
Christoph Gebald and Jan Wurzbacher, co-founders of Climeworks. Photo: press image.
Swiss carbon capture pioneer Climeworks is cutting 106 jobs as reduced climate incentives in the US put the sector under pressure.

The Swiss company, which develops direct-air capture (DAC) technology to extract CO2 from the atmosphere, is facing uncertainty as the US government scales back support for climate projects, reports Bloomberg.

This comes despite Climeworks' plans to build a massive plant in Louisiana, which was backed by a $50 million grant, with potential for more.

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