Environmental News | Sustainable Energy, ESG and Climate Transition

Mammoth CO2 Capture Plant Launches in Iceland

The Mammoth plant can capture up to 36,000 metric tons of CO₂ annually in Iceland.

This infrastructure must be designed to contain more than 110,000 tons of uranium and 6,000 tons of used nuclear fuel.

The level achieved is similar to those of 1990, which demonstrates progress towards its sustainability goals for 2030.

This agreement, in addition to affecting member countries, significantly influences other large economies such as China and India.

The original proposal for this technique emerged in 1990.

The roadmap includes the use of technology that allows modeling greenhouse gas emissions in real time.

This recognition highlights the company's continued experience in the Energy Equipment and Services sector.

Fertilizers include a verified carbon intensity statement.

According to the company, approximately 98% of the platform is expected to be recycled and used for other energy or related projects.

The implementation of biogas at the Taizhou plant will enable Volvo to reduce more than 7,000 tons of CO₂ per year.

The study also highlights the limitations of current climate models in predicting this phenomenon.

This law was approved by the European Parliament and will come into force in 2025.