Published by Todd Bush on January 13, 2026
HOUSTON, Jan. 13, 2026 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration (CCUS) company announced today that Bain & Company purchased 9,000 metric tons of carbon dioxide removal (CDR) credits over three years enabled by Direct Air Capture (DAC). The agreement is Bain’s first purchase of DAC removal credits as a solution to address residual operational emissions and meet its current net negative commitment. For context, 9,000 tons of removed CO2 is equivalent to the emissions resulting from an estimated 10,000 long-haul roundtrip flights for an economy-class passenger.
The CDR credits will be produced from STRATOS, 1PointFive’s large-scale DAC facility in Texas that is progressing through start-up activities. As a subsidiary of Occidental, 1PointFive is leveraging more than 50 years of carbon management expertise and major projects experience to deliver commercial-scale DAC. The captured carbon dioxide underlying the CDR credits will be stored through durable geologic sequestration.
>> In Other News: Aether Fuels Raises $15 Million To Advance Singapore Sustainable Aviation Fuel Facility
“Collaborating with Bain & Company reflects our shared commitment to innovation and the importance of accelerating the adoption of Direct Air Capture technology,” said Anthony Cottone, President and General Manager of 1PointFive. “We believe this agreement demonstrates continued momentum for the solution while supporting the development of vital domestic infrastructure.”
Bain, whose award-winning carbon credit sourcing program includes a diverse set of CDR technologies, has long been a leading supporter of the voluntary carbon market. They have invested in 1.1 million tonnes of high-integrity carbon removal credits over the past five years.
Sam Israelit, Chief Sustainability Officer of Bain & Company, said, “We are proud to partner with 1PointFive and add them to our portfolio of engineered carbon removal technologies. Their track record for developing DAC technology coupled with their deep understanding of what it takes to deliver large-scale infrastructure projects uniquely positions them to be a leader in this emerging segment.”
1PointFive is a Carbon Capture, Utilization and Sequestration (CCUS) company that offers integrated solutions to help organizations unlock value from addressing carbon dioxide emissions. Through large-scale Direct Air Capture facilities and geologic sequestration hubs, we are working to deliver durable carbon dioxide removal and storage while enabling the development of low-carbon products and fuels. 1PointFive is a subsidiary of Occidental. For more information, visit 1PointFive.com.
Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $2 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned both an ‘A’ rating from CDP and a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry. Visit our website to learn about our services.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌿 How Montana Renewables Cut MaxSAF Capex 89% 📋 IRS Issues Notice on 45Z Clean Fuel Production Tax Credit to Support Domestic Biofuel Production and American Agriculture 🌊 Natura...
Inside This Issue 🌬️ U.S. Bank Makes First Carbon Removal Purchase with Carba's Minnesota Biochar Project 🏭 Michigan's CCS Primacy Bid Could Reshape Great Lakes Industry 🏗️ Europe's Largest Carbo...
Inside This Issue ⭐ Deep Sky Receives First Pre-Issuance DAC Rating ♻️ Casella Waste Systems and Waga Energy Bring Third RNG Facility Online at McKean Landfill 🌐 Sinopec and International Partners...
In the largest rice methane offtake to date, Mitti Labs will deliver one million high-integrity credits to Google by 2030 BENGALURU, India and SAN FRANCISCO, Sept. 10, 2026 /PRNewswire/ -- Deep-t...
Climeworks Announces Key Performance Improvements at Mammoth
Over the past 18 months, technology upgrades have more than doubled CO₂ capture performance in upgraded collector containers while reducing operating costs by more than 50%. Zurich, Switzerland | ...
A team member at one of InPlanet’s partner farms inspects freshly harvested citrus fruit to assess its quality Remineralizer integrated into the soil following field application, beginning the enh...
Methanol-to-Jet Clears ASTM Gate. What Changes Now?
Methanol-to-jet has crossed a critical technical gate for commercial aviation fuel. ASTM D7566-26a, the active specification updated July 30, 2026, incorporates methanol into the Annex A5 alcohol-t...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.