1PointFive announces agreement with Airbus for the purchase of 400,000 tonnes of carbon removal credits
1PointFive, a subsidiary of Occidental’s (NYSE: OXY) Oxy Low Carbon Ventures business, announced today the sale of 400,000 tonnes of carbon removal credits from its planned first Direct Air Capture (DAC) facility using Carbon Engineering’s DAC solution to aerospace leader Airbus (NYSE: EADSY). Purchase marks a key milestone for the decarbonization of the aviation industry […]
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