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.
The money from Climeworks Pioneers goes into a separate bank account and is recognized as revenue only upon delivery of the carbon removal services.
Nobody else can put a claim to the amount of CO₂ that you ordered.
Individual and small businesses’ purchases are crucial to unlock the next steps in the scale-up of the carbon removal industry.
It’s with the next generations and scale steps of facilities that the impact of this industry will start to get significantly broader. And to realize facilities like this, more support and purchases are essential.
The cash from Climeworks Pioneers, businesses and individuals, directly enables the removal of carbon dioxide from the atmosphere.
Once delivery is complete and cash is converted into revenue , the money can directly contribute to Climeworks further build and deployment efforts in the form of CAPEX, or be utilized as any other revenue source in the daily operations and ongoing expansion of Climeworks.
Should you have any further question on this topic or the Climeworks Pioneers platform in general, please reach out to us using [email protected]
No cookies = No worries: We don’t use 3rd party cookies and only use the cookies we strictly need to keep our website functioning. Our website usage data is 100% cookie-less, anonymized, and under our full control. For more information, please check out our privacy notice.