Kristinn Ingi Lárusson joins Carbfix


Kristinn Ingi Lárusson has joined Carbfix, a Reykjavik Energy subsidiary, where he will lead business development, strategy and brand promotion in foreign markets.

From 1998 – 2005, Kristinn worked at SPRON in corporate loans, asset management and investment banking. In the years from 2005 to 2013 he was director of business development of Síminn Telecommunications and later for SKIPTA, its parent company. For the last 7 years Kristinn has served as general manager of ON Waves, an international telecommunications company servicing fleets around the globe. He has equally served as a board member on various organisations in the innovation, telecommunication and finance sectors, both in Iceland and abroad.

Kristinn holds an MBA degree from the University of Edinburgh, Scotland, completed in 2002. Before, he completed a Bachelor ‘s degree in business management, with major in marketing and international business, from the University of South Carolina, USA.

Carbfix is a knowledge-based company offering consultancy and service in the field of capturing CO2, in order to fight the climate crisis. The Carbfix technology is efficient and environmentally friendly and revolves around the capture and subsequent disposal of CO2 emissions, instead of releasing it into the atmosphere. In short, CO2 is transformed to stone by speeding up a natural process. Water containing dissolved CO2 – a kind if carbonated water – is injected into favourable subterranean bedrock where it transforms to minerals in less than 2 years, by the exact same process nature has done for millions of years to reduce the strength of CO2 in the atmosphere.