Americas > US Department of Energy to provide up to $500 mln for 1PointFive’s South Texas DAC Hub

US Department of Energy to provide up to $500 mln for 1PointFive’s South Texas DAC Hub

Published 23:05 on September 12, 2024  /  Last updated at 23:14 on September 12, 2024  /  Americas, US, Voluntary

1PointFive, a subsidiary of oil firm Occidental, has secured up to $500 million in funding from the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of its South Texas Direct Air Capture (DAC) Hub.
1PointFive, a subsidiary of oil firm Occidental, has secured up to $500 million in funding from the US Department of Energy’s Office of Clean Energy Demonstrations (OCED) to support the development of its South Texas Direct Air Capture (DAC) Hub.


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