Microsoft Signs Largest-Ever DAC Carbon Credit Purchase Agreement with Oxy’s 1PointFive

1PointFive, the Direct Air Capture (DAC)-focused subsidiary of energy giant Occidental (Oxy), announced on July 9, 2024 that it has signed an agreement with Microsoft to deliver 500,000 metric tons of carbon dioxide removal (CDR) credits over six years, marking the largest-ever DAC-based CDR credit purchase agreement. Resources: https://www.esgtoday.com/microsoft-signs-largest-ever-dac-carbon-credit-purchase-agreement-with-oxys-1pointfive/