#1PointFive
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ketanjoshi.co
Whatever direct air capture is meant to be, or could be, this is unambiguously what it is becoming: a fossil fuel industry run factory creating single units of greenwashing to sell to the worst emitters

maritime-executive.com/article/nyk-...
Japanese shipowner NYK has reached a deal with Eneos to buy conventional bunker fuel with attached carbon credits, or offsets. This will reduce NYK's net emissions in years to come. Under the agreement, Eneos will purchase carbon credits from 1PointFive, an initiative of Occidental Petroleum and BlackRock. Each credit represents an equivalent amount of carbon that 1PointFive removes from the atmosphere using direct air capture (DAC) technology and stores underground. Eneos will then sell the bunker fuel and the attached carbon credits to NYK. 1PointFive is building its first direct air capture plant in Ector County, Texas. It is designed to recover up to 500,000 tonnes of CO2 from the atmosphere every year, and the company says that future plant designs will be able to capture twice as much. The captured gas will be pumped into stable, secure underground geologic formations for long-term storage. Prominent clients include Airbus, Shopify and airline ANA, and the startup expects lots of demand in the decades to come. The company's first DAC plant will begin operating in 2025, and the Eneos fuel delivery contract begins in 2028. The carbon credits from Eneos are part of NYK's plan to address the last hard-to-abate elements of its carbon footprint. It will focus first on maximum energy efficiency, then on transitioning to new green fuels like ammonia and methanol (and LNG). For the remaining emissions that cannot be eliminated, NYK will buy carbon offsets to achieve net-zero. It is the two companies' second major agreement this year. In July, NYK absorbed about 80 percent of Eneos' in-house shipping fleet, including 18 LPG carriers, 19 chemical and product tankers, 12 dry bulk carriers and a ship management company in Singapore. Eneos retained its crude oil tankers.
January 16, 2025 at 9:52 AM
davidho.bsky.social
Our failure to clearly distinguish carbon capture (CCS) and sequestration from carbon dioxide removal (CDR) makes these stories really confusing.

This story is about CCS, but at one point, it mentions "carbon capture and engineering company 1PointFive", which is a CDR company.
January 15, 2025 at 9:48 PM
sandwichpick.bsky.social
This is how close Kurtz came to the first five-homer game in MLB history tonight. I think the '1POINTFIVE' sign is for how many feet short of a homer that ball came.
July 26, 2025 at 4:14 AM
annaghughes.bsky.social
Their partner carbon credit company, 1PointFive, is also a big fan of greenwashing themselves and is owned by Occidental Petrolium. Boo 👎 👎 👎
August 22, 2023 at 10:44 PM
ketanjoshi.co
- No more fossil fuel industry deals; that's toxifying. And big tech is using carbon removal to greenwash their skyrocketing emissions and broken climate targets, too. DAC isn't inherently bad: but these deals are making it manifest in bad ways.

www.energyconnects.com/news/technol...
Occidental to sell 500,000 tonnes of direct air capture carbon removal credits to Microsoft
Occidental’s subsidiary, 1PointFive, announced an agreement with Microsoft to sell 500,000 metric tonnes of carbon dioxide removal (CDR) credits over six years, representing the largest single purchas...
www.energyconnects.com
November 27, 2024 at 8:30 AM
earthlingnathan.bsky.social
Drone footage of STRATOS, a huge CO2 sequestration plant in Texas! 1PointFive #sustainability
youtube.com/shorts/Ru1mg...
STRATOS Progress Update: July 2025 | Direct Air Capture at Scale
YouTube video by 1PointFive
youtube.com
January 13, 2026 at 2:22 AM
lukasclimate.bsky.social
1PointFive's website:
"Mission: Deliver solutions that help curb global temperature rise to 1.5°C"

Press release Nov 2023:
"Occidental and BlackRock Form Joint Venture [through Oxy subsidiary 1PointFive] to Develop STRATOS, the World's Largest Direct Air Capture Plant"

Greenwashing, at scale.
April 10, 2025 at 2:13 PM
davidho.bsky.social
Amazon is paying 1PointFive for 250,000 metric tons of carbon removal over a decade. This is 0.035% of Amazon's annual CO₂ emissions, otherwise known as an accounting error.

theverge.com/2023/9/12/23...
Amazon will pay an oil company to help it meet climate goals
Amazon announced a carbon removal deal with a subsidiary of Occidental Petroleum.
theverge.com
September 12, 2023 at 9:18 PM
justinmikulka.bsky.social
Warren Buffet keeps buying up more and more of the oil company Occidental aka Oxy. Oxy is going big on the carbon capture and credit game. No surprise that Warren's buddy Bill Gates is signing up his company for some of this action.

Apparently, it's the oil companies that will save us. 🤡
Occidental's 1PointFive to sell carbon credits to Microsoft
1PointFive is the carbon capture, utilization and sequestration unit of oil and gas firm Occidental Petroleum. The agreement is a part of Microsoft's goal to become carbon negative by 2030. Earlier ...
finance.yahoo.com
July 9, 2024 at 12:37 PM
ketanjoshi.co
+ honestly, if there was a broad-brush dislike or antagonism towards big oil in the DAC / carbon removal space, would you see deals like Carbon Engineering / Occidental Petroleum?

Why is Equinor one of the biggest DECCS credit buyers? Oxy are the biggest DAC seller.
equinor table 1pointfive table
November 26, 2024 at 12:27 PM
exploreliverpool.bsky.social
🔴 | #LFC and 1PointFive launch a world first commemorative jersey to mark 20 years since Istanbul.

READ MORE 👉 tinyurl.com/3exbudt2
May 6, 2025 at 1:13 PM
ketanjoshi.co
A tech company with unstoppably rising emissions buying up "carbon removal" credits from Occidental Petroleum: company that has explicitly said it's using carbon removal to enable more fossil extraction

How are people working in carbon removal celebrating this???

carbonherald.com/microsoft-50...
Direct air capture company 1PointFive announced today it has finalized the single largest purchase of carbon dioxide removal (CDR) credits to date. Microsoft will be buying 500,000 metric tons of carbon removals over a period of six years. In line with previous announcements, the price per ton was not disclosed. With both Microsoft and Google recently revealing that their operations have become more carbon-intensive with the explosive growth of AI, the announcement could herald more demand for credits generated by direct air capture and other carbon removal approaches. “We are excited about this landmark agreement for Direct Air Capture, which is a result of Microsoft’s leadership in carbon removal and focus on building a more sustainable future,” said Michael Avery, President and General Manager of 1PointFive. “A commitment of this magnitude further demonstrates how one of the world’s largest corporations is integrating scalable Direct Air Capture into its net zero strategy. Energy
July 9, 2024 at 7:35 PM
dangrey.bsky.social
That's what I'm asking 🙂. From reading the website 1PointFive/Carbon Engineering are nearing completion of their pilot plant. I hope they have more success than Climeworks.
May 15, 2025 at 4:53 PM
thehydrogenbull.bsky.social
Launched last September, Ravenna CCS is among the first major carbon capture projects in Italy and is a 50/50 JV between #Snam (leading Italian gas pipeline and storage company) and #Eni (leading Italian oil and gas producer)...(1/4) $SRG $E $BLK $XOM #1pointfive #CCUS #hydrogen #EnergySky #Greensky
August 6, 2025 at 7:38 PM
scousescene.bsky.social
#LFC and 1PointFive launch a world first commemorative jersey to mark 20 years since Istanbul. 🔴
Liverpool Football Club and 1PointFive launch a world first commemorative jersey to mark 20 years since Istanbul
To commemorate 20 years since the Miracle of Istanbul, Liverpool Football Club has partnered with 1PointFive, a U.S.-based carbon capture..
tinyurl.com
May 7, 2025 at 6:10 AM
ketanjoshi.co
The 4th biggest deal Microsoft has done for carbon removal is with Occidental Petroleum (who created "1PointFive" as a separate entity to misdirect scrutiny)

www.cdr.fyi/purchaser/mi...
Purchaser: Microsoft
Profile and carbon removal metrics for Microsoft, a purchaser of CDR.
www.cdr.fyi
September 13, 2024 at 8:03 PM
donek311.bsky.social
I realize, my statement was more general but they had been double-dipping through a subsidiary specially formed for DAC www.oxy.com/news/news-re...
1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase
1PointFive Announces 50,000 Metric Ton Carbon Removal Agreement with JPMorganChase
www.oxy.com
August 28, 2025 at 4:12 PM
james-bg.bsky.social
Liverpool FC inks carbon removal partnership. www.businessgreen.com/news/4410586...
Liverpool Football Club and 1PointFive team up to offer fans 'carbon neutral' products
LFC to use Direct Air Capture technology to remove carbon associated with the production of a range of club products
www.businessgreen.com
March 10, 2025 at 2:10 PM
giantwhispers.bsky.social
Hey all you techno-fix advocates claiming that CCS is really only for "hard to abate sectors" and DAC is only for after we stop emitting... I'd love to see your press statements denouncing OXY and their deceptively name subsidiary 1PointFive for their blatant #Climate denial. #ClimateSky 🔌💡
Carbon removal is the next big fossil fuel boom, oil company says
Occidental wants to use climate tech to boost oil and gas production.
www.theverge.com
February 21, 2025 at 7:11 PM
pjpartington.bsky.social
LOL, at long last my domain is only two degrees removed from @elamin.bsky.social's: a company using world-leading technology supported by Canada's Energy Innovation Program will be permanently removing carbon for Liverpool FC #YoullNeverRemoveAlone

www.liverpoolfc.com/news/liverpo...
Liverpool FC and 1PointFive announce pioneering product collaboration for fans - Liverpool FC
Liverpool Football Club and 1PointFive, a US-based carbon capture, utilisation and sequestration company, have today announced a new pioneering collaboration that will see them launch exclusive produc...
www.liverpoolfc.com
March 6, 2025 at 6:54 PM
bild.bsky.social
Microsoft, yapay zeka enerji desteği sağlarken emisyonlarını dengelemek için ABD'li petrol üreticisi Occidental's 1PointFive'den rekor düzeyde 500.000 ton karbon kredisi satın almış.

www.reuters.com/sustainabili...
Occidental's 1PointFive to sell carbon credits to Microsoft
Carbon capture firm 1PointFive said on Tuesday it has entered into an agreement with Microsoft to sell the tech giant 500,000 metric tons of carbon dioxide removal (CDR) credits over six years.
www.reuters.com
July 10, 2024 at 9:51 AM
industryexaminer.bsky.social
Aviation wants net-zero by 2050—but SAF is still <1% of jet fuel & cheap offsets are losing credibility

Our feature on how Boeing, Airbus & others are quietly pivoting to permanent carbon removal offtakes
climatetech.industryexaminer.com/aviation-off...
#ClimateTech #NetZero #Carbon #SAF #TechNews
Net-zero at 35,000 feet: why airlines are betting on permanent carbon removal - ClimateTech Industry Examiner
Boeing’s new deal with Charm Industrial, following Airbus’s earlier agreement with Occidental’s 1PointFive, signals a subtle but important shift in how the
climatetech.industryexaminer.com
November 26, 2025 at 8:15 AM
techmeme.com
Microsoft agrees to buy a record 500K carbon credits from US oil producer Occidental's 1PointFive to offset its emissions amid the AI energy surge (Financial Times)

Main Link | Techmeme Permalink
July 10, 2024 at 2:01 AM
timlentini.bsky.social
Not the Onion: Occidental and its subsidiary, 1PointFive, have signed an agreement with XRG, the investment arm of Abu Dhabi National Oil Co., to assess a potential joint venture for the development of a Direct Air Capture (DAC) facility in South Texas.
www.chemanalyst.com/NewsAndDeals...
Occidental, ADNOC’s XRG to Explore Joint Venture for South Texas Carbon Capture Hub
Occidental and its subsidiary, 1PointFive, have signed an agreement with XRG, the investment arm of Abu Dhabi National Oil Co., to assess a potential joint venture for the development of a Direct Air ...
www.chemanalyst.com
May 21, 2025 at 4:21 PM
giantwhispers.bsky.social
Do you disagree that OXY is trying to use DAC as a tool of climate denial? I mean their subsidiary is NOT called, “to help with the hard stuff while society rapidly decarbonizes.” It's called 1PointFive right?

Seems pretty clear what OXY’s trying to imply. 4/9
January 7, 2025 at 2:25 AM