How carbon removal pioneer Climeworks is tackling its first major layoff

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 layoffs and what the future holds for the most expensive climate solution. Explore further: Climeworks Is Cutting 22% of Staff as US Climate Backlash Hits Carbon Removal Past Zero episode on carbon removal with Professor Jennifer Wilcox Big Bets on Speculative Carbon Capture Tech Ignore Today’s Solutions Zero is a production of Bloomberg Green. This episode was produced by Sommer Saadi and Robert Williams. Special thanks to: Coco Liu, Michelle Ma, Brian Kahn and Siobhan Wagner. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.