Making one of the largest purchase agreements for DACġPointFive is currently constructing its first DAC plant in Ector County, Texas. These investments in direct air capture complement our emissions reductions plans, and we are excited to support the growth and deployment of this technology.” At the same time, we also need to seek every possible avenue to reduce carbon in the atmosphere. “We are also pursuing changes such as reducing the weight of packaging per shipment for our customers. “Amazon's primary focus is to decarbonize our global operations through our transition to renewable energy, building with more sustainable materials and electrifying our delivery fleet, and global logistics,” said Kara Hurst, vice president of worldwide sustainability at Amazon. With these new investments, DAC will become one component of Amazon’s broader sustainability strategy, which also includes developing nature-based solutions such as forest conservation and restoration. In DAC technology, CO2 in the atmosphere is filtered out and stored in underground geological formations, or used to create products such as building materials, like concrete, bricks, and cement. While restoring natural systems can contribute significantly to this undertaking, technological solutions like DAC will also be required to capture and remove large volumes of CO2 from the air. Achieving this goal will require organizations to both evolve their operations, deploying technologies to reduce or eliminate emissions, and to capture CO2 that has already been emitted. These systems are designed to be easily upgraded over time with next-generation sorbents that filter carbon dioxide (CO2) out of the atmosphere, facilitating cost reductions driven by rapid material science advancements.Īccording to the Intergovernmental Panel on Climate Change (IPCC), the world needs to remove roughly 1 trillion tons of carbon dioxide from the atmosphere over the course of this century to keep global warming below the 1.5 degrees Celsius limit set by the Paris Agreement. In addition, Amazon’s Climate Pledge Fund is making an investment in CarbonCapture Inc., a climate technology company recognized for its pioneering modular DAC systems. Carbon captured under this agreement will be stored deep underground in saline aquifers, which are large geological rock formations that are saturated in salt water. forests-roughly half the size of the state of Rhode Island. This is equivalent to the amount of carbon stored naturally across more than 290,000 acres of U.S. SEATTLE-(BUSINESS WIRE)- Amazon (NASDAQ: AMZN) today announced its first investments in direct air capture (DAC)-a critical technology in the fight against climate change-as part of its Climate Pledge commitment to reach net-zero carbon emissions by 2040.Īmazon is supporting the world’s largest deployment of DAC technology by committing to purchase 250,000 metric tons of carbon removal over 10 years from STRATOS, 1PointFive’s first DAC plant. to accelerate the development of direct air capture solutions Amazon is purchasing carbon removal credits from 1PointFive and investing in CarbonCapture Inc.
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