Toronto-Dominion Bank Group (TD) has signed an agreement to purchase 27,500 metric tonnes of direct air capture (DAC) carbon dioxide removal (CDR) credits over a four-year period from 1PointFive, a US-based carbon capture, utilisation and sequestration (CCUS) specialist.
US-based Matheson has entered into a gas supply agreement with carbon reduction specialist 1PointFive to provide oxygen for the company’s first direct air capture (DAC) plant in Texas, United States.