FAQ
Can I deduct the subscription from tax?
If you are purchasing our carbon removal services, the general answer is no. However, our partnership with Terraset enables donations.
If you are purchasing our carbon removal services, the general answer is no.
However, our partnership with Terraset enables donations, eligible for tax deduction in the U.S., with possibilities in Canada and the U.K. as well.
Climeworks Carbon Dioxide Removal services are not tax deductible as a payment is made in exchange for services provided.
However, if you are based in the U.S., Canada, or the U.K. you can donate to Terraset in support of Climeworks and unlock tax deduction opportunities.
Find more info here: Tax-deductible donation through Terraset – Climeworks FAQ
For individuals and legal entities that are subject to a tax on earnings (as opposed to income tax), the cost of Carbon Dioxide Removal services may be considered as a business expense and therefore reduce taxable earnings. However, this depends on the applicable national and local laws as well as the specific circumstances of the entity setup and location. Please consult with your local legal or tax advisor for advice.
Find more answers:
FAQ
Where can I find my invoice?
Your invoices are all stored in your account.
FAQ
How can I pause my subscription?
You can pause your subscription in the account at any time - for an unlimited amount of time, you decide when to reactivate it.
FAQ
How can I subscribe to monthly CO₂ removal?
You can do this in only 3 easy steps. No more than 5 minutes are needed until you are part of our pioneering community that drives climate action.
FAQ
Is Climeworks certified by a 3rd party?
Climeworks is the first carbon removal company worldwide to achieve certification of its Direct Air Capture with storage activities.
FAQ
How does my subscription work?
Contribute to the scale-up of our direct air capture technology and permanently remove CO₂ from the air. 100% of your money goes toward CO₂ removal in your name.
FAQ
What do you use my money for?
The money from Climeworks Pioneers goes into a separate bank account and is recognized as revenue only upon delivery of the carbon removal services.
FAQ
Can I do a one-time payment for CO₂ removal?
Yes, you can! If you would rather not go for a subscription, you can create a one-time payment with total flexibility on how much CO₂ you would like to remove with us.
FAQ
Can I customize my subscription plan?
If none of the preset subscription plans suit you, you can create your subscription plan with full flexibility on how much CO₂ you would like to remove with us.
FAQ
Do I get an order confirmation?
Do I get an order confirmation? Yes, you do!