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Verizon, 1PointFive enter direct air capture carbon removal agreement

1PointFive announced that AT&T has agreed to purchase carbon dioxide removal credits from STRATOS, 1PointFive’s first large-scale Direct Air Capture facility that is currently under construction in Texas. The purchase, announced today, is a part of AT&T’s commitment to reduce carbon emissions and become carbon neutral in its global operations by 2035. STRATOS is designed to capture up to 500,000 metric tons of CO2 annually when fully operational and is expected to be the largest facility of its kind in the world. Under the agreement with AT&T, the captured CO2 underlying the removal credits will be stored through durable saline sequestration.

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