1PointFive and Trafigura Announce Direct Air Capture Carbon Removal Credit Agreement
- Last Updated on February 1, 2024
- Decarbonization
1PointFive, a carbon capture, utilization and sequestration (CCUS) company, and Trafigura, a market leader in the global commodities industry, today announced that Trafigura has agreed to purchase carbon dioxide removal (CDR) credits to be produced from 1PointFive’s first industrial-scale Direct Air Capture (DAC) facility, STRATOS, which is currently under construction in Texas. This is Trafigura’s
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