JPMorganChase Signs 10-Year DAC Carbon Removal Deal with Oxy’s 1PointFIve
ESG Today
JUNE 25, 2025
JPMorganChase and 1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy) announced a new agreement, with the bank purchasing 50,000 metric tons of carbon dioxide removal (CDR) credits over 10 years from a new DAC plant in Texas.
Let's personalize your content