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Carbon Engineering Owner 1PointFive and Amazon Announce 10-year Carbon Removal Credit Purchase Agreement

Squamish, BC, September 14, 2023--

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Carbon Engineering Begins Work on Supporting Multi-Million Tonne 'Direct Air Capture' (DAC) Facilities to Remove Co2 from Atmosphere

Squamish, BC, November 2, 2022--Squamish-based CleanTech company Carbon Engineering (CE) announced that it has begun front-end planning and engineering for Direct Air Capture (DAC) facilities at a second site in the U.S., in Kleberg County, Texas. The site is expected to provide access for the potential construction of multiple DAC facilities that would be capable of collectively removing up to 30 million tonnes of carbon dioxide from the atmosphere annually for dedicated sequestration.

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Carbon Engineering Partners Occidental and 1PointFive to Begin Construction of World’s Largest Direct Air Capture Plant

Squamish, BC, August 31, 2022--Occidental (NYSE: OXY) and its subsidiary 1PointFive announced they plan to begin detailed engineering and early site construction for their first large-scale Direct Air Capture (DAC) plant in Ector County, Texas, near Oxy's portfolio of acreage and infrastructure that are conducive to safe and secure storage of carbon dioxide.

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Squamish-based Carbon Engineering and 1PointFive Announce Direct Air Capture Deployment Approach to Enable Global Build-Out of Plants

Squamish, BC, June 9, 2022--Carbon Engineering Ltd. (CE), a climate solutions company, and 1PointFive, a subsidiary of Occidental's (NYSE: OXY) Low Carbon Ventures business, have announced a Direct Air Capture (DAC) plant deployment approach to help execute large numbers of DAC projects around the world.

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Carbon Engineering's U.S. Partner 1PointFive Announces Agreement With Airbus for Purchase of 400,000 Tonnes of Carbon Removal Credits

Squamish, BC, March 30, 2022--Carbon Engineering announced that it's U.S. Partner 1PointFive (a subsidiary of Occidental's (NYSE: OXY) Oxy Low Carbon Ventures business), has sold 400,000 tonnes of carbon removal credits from its planned first Direct Air Capture (DAC) facility using Carbon Engineering's DAC solution to aerospace leader Airbus (NYSE: EADSY).

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Carbon Engineering Appoints Former MDA CEO Daniel Friedmann as new Chief Executive Officer

Squamish, BC, January 25, 2022--Carbon Engineering (CE) has announced the appointment of Daniel Friedmann as its new Chief Executive Officer (CEO), to succeed Steve Oldham who held the position of CEO since 2018. As a technology industry leader with proven success managing high growth, Daniel's experience and acumen is ideally suited to lead CE's next stage of commercialization and global expansion.

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Squamish-based Carbon Engineering Announces New Partnership Working to Deploy Large-Scale Direct Air Capture in Norway

Squamish, BC, December 23, 2021--Carbon Removal, a Norwegian development company, Squamish, BC-based Carbon Engineering (CE), a leading provider of Direct Air Capture (DAC) technology that captures carbon dioxide (CO2) out of the atmosphere, and Oxy Low Carbon Ventures (OLCV), which is developing large-scale DACs for use in CO2 storage projects, announced they are working together to deploy commercial DAC projects in Norway.

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BMO First Bank to Pre-Purchase 'Direct Air Capture' (DAC) Carbon Removals Using Squamish, BC-based Carbon Engineerings' Technology

Squamish, BC, December 16, 2021--BMO Financial Group announced that it has pre-purchased the permanent removal of 1,000 tonnes of carbon dioxide from the atmosphere through Direct Air Capture (DAC) technology. The purchase was facilitated via London-based climate solutions business BeZero Carbon , and the carbon removal is planned to be delivered by a large-scale facility utilizing Squamish, BC-based company Carbon Engineering 's (CE) DAC technology.

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Carbon Engineering and Air Canada Sign MoU to Explore Opportunities for Sustainable Aviation Fuel, Carbon Removal and Decarbonization

Squamish, BC, November 16, 2021--Carbon Engineering Ltd. (CE) nd Air Canada announced a Memorandum of Understanding ("MoU") to identify potential opportunities in how CE's proprietary Direct Air Capture (DAC) technology, which captures carbon dioxide (CO2) from the atmosphere, can advance aviation decarbonization.

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Squamish-based Carbon Engineering and LanzaTech Partner to Create Sustainable Aviation Jet Fuel Made From Air (Atmospheric Carbon Dioxide)

Squamish, BC, August 27, 2021--Biotechnology company LanzaTech UK, and Squamish-based cleantech company Carbon Engineering (CE), have partnered on a first-of-a-kind project to create sustainable aviation fuel (SAF) out of atmospheric carbon dioxide (CO2). Project AtmosFUEL will investigate the feasibility of a large-scale, commercial air-to-jet facility in the UK that will produce more than 100 million litres of SAF each year.

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