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Letter on carbon: Direct action
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
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Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage
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Occidental is investing in CCS and DAC
Carbon capture US
Stuart Penson
2 March 2023
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Occidental’s 1Pointfive plans major Texas CCS hub

Bluebonnet hub on Gulf Coast will offer industrial emitters access to shared CCS infrastructure

Carbon management company 1Pointfive, a subsidiary of US energy company Occidental Petroleum, has unveiled plans to develop a CCS hub in southeast Texas with capacity to store about 1.2bn t of CO₂. The so-called Bluebonnet hub, which is expected to enter operation in 2026, will span Chambers, Liberty and Jefferson counties, with proximity to refineries, chemical plants and manufacturing facilities along the Gulf Coast from Beaumont to Houston. 1Pointfive has leased 55,000 acres along the Texas Gulf Coast for the project. “This hub is located between two of the largest industrial corridors in Texas so captured CO₂ can be efficiently transported and safely sequestered,” says Jeff Alvarez, pres

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UAE gets behind carbon markets
27 September 2023
Investment in African offsets and ambitions to create a trading hub demonstrate Mideast Gulf state’s commitment to growing markets
Taiwan joins Asian carbon trading push
26 September 2023
Newly launched Taiwan Carbon Solution Exchange is expected to enable companies to trade in both domestic and international credits
Letter on carbon: Direct action
22 September 2023
A flurry of interest in direct air capture signals a key role for the technology in the push for net zero
SLB on mission to halve cost of carbon capture
21 September 2023
Technology company says its latest technologies can achieve 30–50% cost reductions at the capture stage

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