Carbon capture company 1PointFive announced March 13 that AT&T has agreed to purchase CO2 removal credits from STRATOS, 1PointFive’s first large-scale direct air capture (DAC) facility currently under construction in Texas.
The transaction is part of AT&T’s commitment to reduce carbon emissions and become carbon neutral in its global operations by 2035, according to a March 13 press release.
STRATOS is designed to capture up to 500,000 metric tons of CO2 annually when fully operational. Under the agreement, the captured CO2 will be stored through durable saline sequestration, the release stated.
1PointFive said it is also participating in AT&T’s Connected Climate Initiative to collaborate on carbon removal solutions like DAC that can “help cost effectively achieve net zero.”
“AT&T’s carbon removal credit purchase is another proof point of the vital role that direct air capture can play in providing a high-integrity and durable solution to help organizations address their emissions,” said Michael Avery, president and general manager of 1PointFive.
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