Climeworks Orca Expansion
Fair Value
$650.00
per tCO2e
Market Price
$580.00
per tCO2e
Premium/Discount
vs market
Rating
quality score
Credits Available
8K
of 36K issued
World's largest operational DAC facility, capturing CO2 directly from air and storing permanently in basalt rock formations through mineralization.
Methodology
Puro Standard DAC
UN Sustainable Development Goals
Verified Co-Benefits
Advancing DAC technology scalability and cost reduction
Impact: Cost reduced 40% since 2021
Powered entirely by geothermal energy
Impact: 100% renewable operation
Rating Rationale
Gold standard for permanence with geological storage. Limited co-benefits but exceptional carbon integrity.
Rated on March 15, 2024
Long-term carbon storage durability
Would reduction happen anyway?
Emissions shifting to other areas
MRV quality and frequency
Policy and legal environment
Project developer reliability
Analyst Notes
Geological storage in basalt provides near-permanent sequestration. Technology risk is primary concern.
Direct Air Capture
Global · 2023
n=8
Project is 18.2% above market average