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1PointFive, Palo Alto Networks Strike Carbon Removal Deal

In a notable move within the carbon removal market, 1PointFive, the carbon capture subsidiary of Occidental (Oxy), has struck a deal with cybersecurity firm Palo Alto Networks. The agreement involves the purchase of 10,000 tons of carbon dioxide removal (CDR) credits over five years. These credits will be generated using direct air capture (DAC) technology at 1PointFive’s upcoming STRATOS facility… Source
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ESG Today broke the news in on Friday, July 18, 2025.
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