How Iceland Extracts CO2 From The Air, Geothermal - "Begga" Olafsdottir, CEO of ON Power, Iceland

“At ON Power, we operate three power plants… and combined we produce just under 20% of the energy produced in Iceland…. We are removing carbon from our operations. So… there are low emissions associated with the production ther, from our operations. There's around seven grams of CO2 per produced kilowatt hour, compared to 800, if you produce the electricity using coal.”…Plus, we have been operating a carbon removal station, since then, mineralizing and removing from the atmosphere just over 10,000 tons (of emissions) a year.”

 Begga Olafsdottir on Electric Ladies Podcast

To expand on a CBS News’ “60 Minutes” segment this past weekend on how Iceland is capturing CO2 and storing it underground, here is a replay of an in-depth interview I did in Iceland last year about this issue, and how this small Arctic country became an 85% renewable energy economy.

Listen to this fascinating interview, live in Reykjavik, Iceland, with  Berglind “Begga” Olafdottir, CEO of ON Power , with Electric Ladies Podcast host Joan Michelson. ON Power operates the largest geothermal plant in the country, which produces 20% of the total energy Iceland produces. It’s also partnering with its sister company Carbfix to remove CO2 from the air.

You'll hear:

• How ON Power captures the CO2 it emits and mineralizes it.
• How ON Power is partnering with its sister company Carbfix and with Climeworks to bring ground-breaking technology to market that captures CO2 from the air. not just their own emissions.
• About their business parks that only take tenants that can share products and byproducts of other tenants, creating a circular economy in each park.
• How geothermal energy works in Iceland.
• Plus, great career advice....such as:

“Women, we have a tendency of underestimating ourselves in general, and I think