Coda by Carbfix - a highly scalable, cost effective CO2 mineral storage hub
This project is announced in Iceland.
- Status
- Announced
- Estimated reduction
- 3 MtCO2e, period not stated
- Countries
- Iceland
- Sector
- Carbon capture and removal
- Announced
- Not stated
- Expected start
- 2029
About this project
The description is as the source gives it.
The Coda Terminal will be the world’s first carbon mineral storage terminal, providing a new, safe and scalable method of permanent CO2 storage. Coda will establish the full carbon capture and storage (CCS) value chain, using sustainable propulsion to ship CO2 to Iceland for injection into basaltic rocks and permanent storage as carbonate minerals. Coda is a novel, low-cost CCS solution and a crucial contribution to achieving the EU’s long-term climate targets, planning to achieve 91% relative greenhouse gas emission avoidance over the first ten years of operation.
Statuses, countries and reductions are as the public source states them, and may be out of date.
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