Amazon makes first investments in DAC

Sep 14 2023


To help accelerate the development of direct air capture (DAC) solutions, Amazon is purchasing carbon removal credits from 1PointFive and investing in CarbonCapture Inc.

Amazon is supporting the world’s largest deployment of DAC technology by committing to purchase 250,000 metric tons of carbon removal over 10 years from STRATOS, 1PointFive’s first DAC plant. Carbon captured under this agreement will be stored underground in saline aquifers.

In addition, Amazon’s Climate Pledge Fund is making an investment in CarbonCapture Inc., a climate technology company recognised for its pioneering modular DAC systems. These systems are designed to be easily upgraded over time with next-generation sorbents facilitating cost reductions driven by material science advancements.

 

Renderings from CarbonCapture’s proposed direct air capture array.
Renderings from CarbonCapture’s proposed direct air capture array

 

Amazon


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Issue 99 - May - June 2023

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