1PointFive’s South Texas Direct Air Capture Hub Awarded U.S. Department of Energy Funding

HOUSTON, Sept. 12, 2024 (GLOBE NEWSWIRE) — 1PointFive, a wholly owned subsidiary of Occidental, announced today that the U.S. Department of Energy’s Office of Clean Energy Demonstrations (OCED) will provide up to $500 million to support the development of the South Texas Direct Air Capture (DAC) Hub. The award is a milestone in furthering commercial-scale … Read more