View original ↗on Carbon Herald
deal · 8 August 2025
Palo Alto Networks ↔ Occidental
Palo Alto Networks: a firm purchase of 10,000 t of direct air capture removal from Occidental.
BuyerPalo Alto Networks
SupplierOccidental
Tonnes10,000 t
Capture pathwayDirect air capture
Storage mediumgeological
Commitment typefirm
Deal structureofftake
Source pathway descriptiondirect air capture (DAC)
Storage descriptionCO2 enhanced oil recovery (EOR)
Project locationEctor County, Texas
NotesCDR credits purchase for Stratos DAC hub project. Stratos has capacity to capture up to 500,000 tonnes of atmospheric CO2 annually and is scheduled to launch operations by end of 2025.
Durability defaultedtrue
Previous durabilitydurable-1000y
Previous durability basispathway-default
Durability notePathway default removed; duration requires source evidence
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