Once operating, the proposed DAC plant would offset roughly 1.3 percent of the annual emissions associated with those 2,000 planes. Airbus has delivered about 2,000 aircraft in the last three years. But according to Airbus’s website, the 566 commercial aircraft they delivered in 2020 will generate 440 million tonnes of carbon dioxide equivalent over their (average) 22 year service lives. A million tonnes-the annual capacity of the proposed DAC plant-sounds like even more. Great!Ĥ00,000 tonnes of carbon removal sounds like a lot. Let’s say, though, that they really do intend to permanently sequester carbon without using it to pump up their petrochemical business model.
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This kind of use of DAC technology does nothing but buy social license for continued expansion of the fossil fuel industry. Second, it creates a new public subsidy for the already heavily subsidized oil industry as the company soaks up tax credits that are used to help it extract more oil. Using captured carbon dioxide to extract more oil is problematic in a couple ways: first, it makes oil extraction cheaper, driving the price of oil down and the total consumption of oil up. The project rebrand has seemingly meticulously avoided mentioning enhanced oil recovery, but so far they have announced only one vague plan with no timeline for sequestering carbon underground in a place that isn’t an active oil and gas operation. It’s not clear to what degree that plan has changed today and 1PointFive has not responded to inquiries (mine or others). Their press releases spoke of enhanced oil recovery and “geological sequestration” in the same paragraph, suggesting that they considered enhanced oil recovery a mechanism for “permanent sequestration” of carbon.
Maybe one oil company is finally turning the corner on climate? Well, in 2019, when the facility was announced, the project was intended to produce a form of carbon dioxide that would be used by Occidental for a process called “enhanced oil recovery.” Basically, they would inject the captured carbon dioxide into the ground in order to extract more oil. This DAC facility is an Occidental Petroleum project. Carbon Engineering is also partially owned by Occidental-along with Chevron and other investors.
To start off, who is behind 1PointFive? It turns out it was founded in 2020, a year after plans for this DAC facility were first announced by Occidental Petroleum, which owns 1PointFive, and Carbon Engineering. The partner, 1PointFive, sold 400,000 tonnes of “carbon removal credits” to the aircraft manufacturer Airbus, putting to rest once and for all the argument by naysayers that direct air capture will never be “feasible, affordable, and scalable.”
Carbon Engineering, the carbon removal start-up based in Squamish, BC’s “Outdoor Recreation Capital,” recently announced an exciting new use of their direct air capture (DAC) technology by one of their partners in the US.
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