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Iceland: The World’s Largest Carbon Capture Storage Plant Icelandic carbon capture company Climeworks recently launched Orca, the world’s largest direct air capture and storage plant that permanently removes CO2 from the air. With construction starting in May 2020, Orca now has the capacity to capture 4,000 tons of CO2 per year, according to Icelandic business weekly Viðskiptablaðið. Through a partnership with Carbfix, experts in rapid underground mineralization, the air-captured CO2 is mixed with water and pumped underground where it is trapped in stone through a natural process that takes less than two years. The project is strategically located adjacent to one of Iceland’s major geothermal power plants and runs fully on renewable energy. According to Climeworks, the plant will eventually expand to megaton removal capacity by the second part of this decade.