Published by Todd Bush on March 7, 2023
HOUSTON, March 07, 2023 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration company, and the Houston Astros, announced today the team has agreed to purchase carbon dioxide (CO2) removal credits from 1PointFive’s Direct Air Capture (DAC) plant under construction in Ector County, Texas. This progressive agreement is a demonstration of the Astros commitment to continuous improvement of their fan experience via environmental investment.
>> In Other News: Occidental, 1PointFive to Begin Construction of World’s Largest Direct Air Capture Plant in the Texas Permian Basin
DAC is a technology that captures and removes large volumes of CO2 directly from the atmosphere, which can be safely and securely stored deep underground in geologic formations. For this agreement with the Astros, CO2 captured by DAC will be sequestered in saline reservoirs not associated with oil and gas production. DAC provides a practical solution for hard-to-decarbonize activities, such as air travel, to help achieve climate goals. Over the next three years, the Astros will utilize the removal credits across a number of activities throughout the ballpark as they work towards a carbon neutral footprint.
“We are pleased to further our relationship with the Houston Astros and provide a solution to address future carbon emissions,” said Michael Avery, President and General Manager, 1PointFive. “We are excited about the opportunity that Direct Air Capture presents to help organizations reduce their carbon footprint.”
“We are grateful to 1PointFive for their focused commitment to carbon removal and technology innovation to support this cause,” said Marcel Braithwaite, Senior Vice President Business Operations, Houston Astros. “We remain committed to continuous improvement of our stadium for our fans and purchasing carbon removal credits is an important investment for us.”
To learn more about 1PointFive, visit www.1PointFive.com.
>> In Company Spotlight: 1PointFive
1PointFive is a Carbon Capture, Utilization and Sequestration (CCUS) platform that is working to help curb global temperature rise to 1.5°C by 2050 through the deployment of decarbonization solutions, including Carbon Engineering's Direct Air Capture (DAC) and AIR TO FUELS™ technologies alongside geologic sequestration hubs. More at 1PointFive.com.
AIR TO FUELS™ is a registered trademark of Carbon Engineering Ltd.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🏗️ Hyundai Unveils $6B Hydrogen-Powered Steel Mill in Louisiana, Aims to Position State as National Energy Leader 🤝 Deep Sky Inks Next DAC Deal in Germany with Greenlyte Carbon T...
Inside This Issue 🍁 Inside Canada’s Quiet Takeover of the Carbon Capture Industry ✈️ Phillips 66 to Supply SAF to British Airways in Calif 💧 HyVera Distributed Energy Launches Green Hydrogen-On-De...
Inside This Issue 🌍 1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase 📊 Carbon Direct Unveils First Empirical Baseline on Carbon Dioxide Removal and Environmental ...
Approval in Principle (AiP) for World's First LCO₂ / Methanol Carrier
Tokyo, June 30, 2025 - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, and Mitsui O.S.K. Lines, Ltd. (MOL) have acquired Approval in Principle (AiP)(Note1) fro...
KAIST AI Advances CO₂-Selective Material Discovery
_Korea Advanced Institute of Science and Technology_In order to help prevent the climate crisis, actively reducing already-emitted CO₂ is essential. Accordingly, direct air capture (DAC) — a techno...
Arca’s Carbon Removal Methodology Successfully Validated by DNV
Arca, a leader in carbon mineralization technology, has announced the successful validation by DNV, the independent energy expert and assurance provider, of its innovative methodology for permanent...
Massive Investment in Ascension Parish Targets Green Steel, Job Growth, and Hydrogen Infrastructure ASCENSION PARISH, La. — Hyundai has announced plans to invest $6 billion in a cutting-edge, hydr...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.