(Source: Shutterstock.com)
Japanese airline carrier All Nippon Airways (ANA) signed a purchase agreement for more than 30,000 tonnes of CO2 removal credits from U.S. carbon capture and storage (CCS) company 1PointFive.
The agreement runs for a three-year period beginning in 2025, ANA announced in a Aug. 2 press release.
1PointFive, a subsidiary of Occidental Petroleum, uses Carbon Engineering Ltd.’s direct air capture (DAC) technology to capture and remove large volumes of carbon CO2 directly from the atmosphere. The CO2 captured for ANA will be sequestered in saline reservoirs that are not used for oil and gas production.
"We are proud that 1PointFive is able to support a leading airline like ANA in their purchase of our high-quality carbon removal credits to advance their climate strategy," said Michael Avery, president of 1PointFive, in the press release. “The aviation industry can uniquely benefit from DAC as a pathway to removing carbon emissions securely, practically and on a large-scale."
ANA’s contract with 1PointFive is in line with the company’s goal to cut greenhouse gas emissions and reach carbon neutrality by 2050. In 2019, ANA emitted more than 12 million tons of CO2 and is now the first airline in the world to purchase CO2 removal credits from 1PointFive.
In addition, ANA has begun introducing sustainable aviation fuel made from plants and waste oil into its operations.
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