Loading...
Loading...
amazon-signs-10-year-carbon-removal-credit-purchase-deal-with-1pointfive
amazon-signs-10-year-carbon-removal-credit-purchase-deal-with-1pointfive

Amazon signs 10-year carbon removal credit purchase deal with 1PointFive

0

Amazon has agreed to purchase 250,000 metric tonnes of carbon dioxide removal (CDR) credits from carbon capture, utilisation, and sequestration specialist 1PointFive.

Formalised today (12th Sept), the deal will see the purchase of credits from 1PointFive’s first commercial-scale direct air capture (DAC) plant, currently under construction in Texas.

The plant is designed to capture up to 500,000 metric tons of CO2 annually when fully operational, making it the largest plant in the world, according to the US-based firm.

Read more: ‘World’s largest’ DAC plant to be constructed in the Permian Basin

... to continue reading you must be subscribed

Subscribe Today

Paywall Asset Header Graphic

To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the in-depth content our subscribers receive every month by subscribing to gasworld.

Please wait...