Bain, 1PointFive Agree on 9,000 Ton DAC Removals for Net Negative Strategy
Bain & Company agreed to purchase 9,000 tons of direct air capture (DAC) carbon removal credits over three years from 1PointFive’s STRATOS facility in Texas, supporting Bain’s net-negative emissions strategy and expanding its engineered CDR portfolio. The credits, equivalent to emissions from 10,000 long-haul flights, will be stored via long-term geologic sequestration, financing DAC infrastructure amid high costs and limited supply. The deal highlights voluntary market demand for durable removals as companies address residuals, with STRATOS backed by IRA 45Q incentives and Occidental’s expertise.
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