Published by Todd Bush on September 19, 2024
_1PointFive worked with Carbon Direct to deliver science-based community benefits planning and life cycle assessments for the South Texas DAC Hub._NEW YORK--(BUSINESS WIRE)--Carbon Direct today announced its role as a strategic adviser to 1PointFive for the South Texas DAC Hub application. This project was recently awarded a Phase 2 grant under the Bipartisan Infrastructure Law-funded Regional Direct Air Capture (DAC) Hubs program. Carbon Direct was selected by 1PointFive to provide community benefits planning, life cycle assessments, and stakeholder engagement for the South Texas project.
>> In Other News: Siltrax Launches Groundbreaking Silicon-Based Fuel Cell Technology
“1PointFive has demonstrated a commitment to developing high-quality Direct Air Capture projects that meet rigorous scientific standards and deliver meaningful benefits to the communities where they are developed,” said A.J. Simon, Director of Industrial Decarbonization, Carbon Direct. “Through our continued collaboration, we look forward to helping 1PointFive accelerate climate benefit with projects that bring Direct Air Capture to scale while delivering community, economic, and environmental benefits.”
In August 2023, 1PointFive announced that it was selected to enter award negotiations with the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) for funding to develop a DAC hub in South Texas. On Thursday, September 12, the Department of Energy and 1PointFive announced that the company had been granted the award and is moving forward with Phase 2 of detailed planning and facility design. 1PointFive will continue to collaborate with Carbon Direct as it demonstrates the ability of DAC hubs to provide regional economic, environmental, and social benefits through its community benefits plan, which is designed to further equity, justice, and quality job creation.
“As we work to develop commercial-scale Direct Air Capture to help the climate, we are also engaged with communities near our projects to ensure they benefit from our presence,” said Michael Avery, President of 1PointFive. “In South Texas, we’ve established relationships with numerous local stakeholders through our Community Benefits Plan, which is focused on providing opportunities for local hiring, workforce development, and educational initiatives.”
This is the Department of Energy’s largest investment in engineered carbon removal in history and will fund the development, design, and feasibility study for DAC hub projects across the United States.
Click here to learn more about the Regional Direct Air Capture Hubs program.
Carbon Direct helps organizations go from climate goal to climate action. We combine technology with deep expertise in climate science, policy, and carbon markets to deliver carbon emission footprints, actionable reduction strategies, and high-quality carbon dioxide removal. With Carbon Direct, clients can set and equitably deliver on their climate commitments, streamline compliance, and manage risk through transparency and scientific credibility.
Our expertise is trusted by global climate leaders including Microsoft, American Express, and Alaska Airlines, as well as by the World Economic Forum, which selected Carbon Direct as an Implementation Partner for the First Movers Coalition. To learn more, visit www.carbon-direct.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 OCED Announces up to $1.8 Billion in New Funding for Transformational Direct Air Capture Technologies 🌱 BP Announces Investment Decision for “Lingen Green Hydrogen” Project 🧪 C...
Inside This Issue 🌊 ExxonMobil Partners with Worley for Groundbreaking Blue Hydrogen Facility in Texas 🏗️ Holcim Group to Test Capsol’s Carbon Capture Technology as a Step Towards Decarbonized Cem...
Inside This Issue 💧 Revolutionizing the Green Hydrogen Market: City of Lancaster and City of Industry Launch First Public Hydrogen (FPH2)--the First Public Hydrogen Utility 🌿 Drax and Pathway Ener...
BP Announces Investment Decision for “Lingen Green Hydrogen” Project
bp has announced its final investment decision for the “Lingen Green Hydrogen” project, a major step forward in the industrial-scale development of green hydrogen in Germany. Supported by funding f...
Federal Energy Regulators to Assess Environmental Risks of Funding Northwest Hydrogen Hub
The U.S. Department of Energy is beginning its environmental impact assessment of “clean” hydrogen projects that have been proposed as part of a planned $1 billion in federal funding A year after ...
Advancements in Electrolyzer Technology Could Make Green Hydrogen Viable Sooner Than You Think
Historically, the mass production of green hydrogen has not been viewed as a viable alternative energy solution for our climate crisis. But recent technological advancements in proton exchange memb...
The U.S. Department of Energy (DOE) Office of Clean Energy Demonstrations (OCED) today opened applications for up to $1.8 billion in funding for the design, construction, and operation of mid- and ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.