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deal · 11 January 2024
Boston Consulting Group ↔ 1PointFive
Boston Consulting Group: a firm purchase of 21,000 t of direct air capture removal from 1PointFive.
Supplier1PointFive
Tonnes21,000 t
Capture pathwayDirect air capture
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptionDirect Air Capture (DAC) enabled by STRATOS, 1PointFive's first industrial-scale DAC facility. The captured CO2 underlying the CDR credits will be stored through durable geologic sequestration.
Storage descriptionDurable geologic sequestration
Delivery windowover three years
NotesSTRATOS facility is designed to capture up to 500,000 metric tons of CO2 annually when fully operational. BCG is also providing consulting services to develop business processes that support DAC CDR credits, and has supported 1PointFive in designing IT architecture for Measurement Reporting and Verification (MRV) of STRATOS.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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