06.27.22

1PointFive and Manulife Investment Management announce lease agreement for a carbon capture and sequestration project in Louisiana

1PointFive plans to use the approximately 27,000 acres to expand its carbon sequestration hub business

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06.07.22

1PointFive and Carbon Engineering Announce Direct Air Capture Deployment Approach to Enable Global Build-Out of Plants

This approach is designed to facilitate the delivery of Direct Air Capture (DAC) plant rollout and financing, and supports a development scenario of 70 DAC plants online by 2035 to capture millions of tonnes of carbon dioxide from the atmosphere

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03.28.22

Oxy Low Carbon Ventures and Weyerhaeuser reach lease agreement for a carbon capture and sequestration project in Louisiana

OLCV subsidiary 1PointFive establishing sequestration business to build first in a series of hubs to permanently store carbon emissions

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03.17.22

1PointFive announces agreement with Airbus

The sale of 400,000 tonnes of carbon removal credits from its planned first Direct Air Capture (DAC) facility using Carbon Engineering’s DAC solution to aerospace leader Airbus. Purchase marks a key milestone for the decarbonization of the aviation industry

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02.22.21

1PointFive Selects Worley for FEED on Milestone Direct Air Capture Facility

Global EPC firm Worley has been awarded the initial engineering phase of 1PointFive’s first direct air capture facility, the first commercial scale deployment of Carbon Engineering’s direct air capture technology

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