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