1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding
- Last Updated on September 17, 2024
- Decarbonization
1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale DAC in the United States and validation
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