TM Editors' note: This article discusses one or more penny stocks and/or microcaps. Such stocks are easily manipulated; do your own careful due diligence.

Did you know that there is a company near Reykjavik, Iceland, that has a facility can capture 4,000 metric tons of carbon dioxide every year? The company is Climeworks, founded in May of 2017. The company’s plant captures carbon out of the air, mixes water with the carbon dioxide, pumps it into the earth, and it turns to rock. Unfortunately for investors, it is privately held so you can’t invest in it yet.

However, there are several publicly traded stocks involved in the business of capturing carbon.

Carbon Capture Pure Plays

Aker Carbon Capture ASA (AKCCF) is a pure play in the carbon capture industry. This Norway based company provides carbon capture products, technology, and solutions. The stock has a $1.348 billion market capitalization. It is currently generating negative earnings. The company was founded in 2020.

Delta CleanTech Inc. (DCTIF) is a Calgary, Alberta, Canada based company that was one of the first involved in capturing carbon. The stock has a $6.388 million market capitalization and is currently generating negative earnings. The company was also founded in 2020.

Big Companies Participating in Carbon Capture in a Small Way

There are several large companies operating in the energy field that have divisions involved in carbon capture. They include Equinor (EQNR), NRG Energy (NRG), Shell (SHEL), Chevron (CVX), Occidental Petroleum (OXY), and Schlumberger (SLB).

Carbon Capture ETFs

If you want more diversification in the area of carbon capture stocks, you might want to consider carbon capture Exchange Traded Funds. There are a few to choose from:

• KraneShares Global Carbon (KRBN).
• VanEck Vectors Low Carbon Energy ETF (SMOG).
• iShares MSCI ACWI Low Carbon Target ETF (CRBN).

Hopefully you can clean up with one of these carbon capture companies.