1PointFive, a company that captures, uses, and stores carbon dioxide, declared that AT&T has agreed to buy credits for removing carbon dioxide from STRATOS, the first large-scale Direct Air Capture facility being built in Texas by 1PointFive. The purchase, which was announced, is part of AT&T's promise to lower carbon emissions and achieve carbon neutrality in all of its worldwide operations by 2035.
STRATOS is designed to capture up to 500,000 metric tons of CO2 annually when fully operational and is expected to be the largest facility of its kind in the world. Under the agreement with AT&T, the CO2 that is captured and is the basis for the removal credits will be stored through long-lasting saline sequestration.
To further work towards global climate goals, 1PointFive joined AT&T’s Connected Climate Initiative (CCI), a collaborative effort to pursue connectivity-based solutions to reduce greenhouse gas emissions by one gigaton by 2035. The CCI brings together a diverse group of organizations to support the development of technologies that can utilize AT&T connectivity to address climate change. 1PointFive’s participation in the CCI is focused on increasing collaboration around carbon removal solutions like DAC that can help achieve net zero in a cost-effective manner.
“AT&T’s purchase of carbon removal credits is another evidence of the important role that Direct Air Capture can play in providing a trustworthy and long-lasting solution to help organizations deal with their emissions,” said Michael Avery, President and General Manager of 1PointFive. “We are excited to collaborate with AT&T to help them achieve their climate goals while furthering our collaboration through the CCI.”
“As we work towards achieving our Gigaton goal, we know that we need to find ways that AT&T connectivity can enable game-changing solutions to reduce greenhouse gas emissions at scale,” said Shannon Carroll, AVP of Global Environmental Sustainability at AT&T. “Together with 1PointFive, we’re committed to driving adoption of high-impact, innovative technologies like DAC to help address climate change.“
