Archive · 19 May 2025

Climeworks to Cut Jobs Amid Economic Uncertainty

Climeworks to Cut Jobs Amid Economic Uncertainty

Imagine a company called Climeworks that tries to suck carbon dioxide (a greenhouse gas) out of the air using big fans.

They've been doing this in Iceland.

Now, they're planning to build a bigger one in the US.

But things aren't going smoothly.

Because of economic worries and changes in government plans, Climeworks is having to cut jobs.

This means some people who work there might lose their jobs.

The company says they have to carefully manage their money.

There are questions about how well their carbon-sucking machines really work and if they're worth the cost.

Some people think this technology might help reduce pollution, while others aren't so sure.

Sources