In a move underscoring the growing corporate demand for permanent carbon removal, cybersecurity leader Palo Alto Networks has entered into a five-year deal to purchase carbon credits from 1PointFive, a Houston-based developer of carbon capture technologies.
Under the agreement, Palo Alto Networks will acquire 10,000 metric tons of carbon dioxide removal (CDR) credits, facilitated through 1PointFive’s Direct Air Capture (DAC) technology. The initiative highlights a broader trend in which companies are turning to engineered solutions to meet their long-term climate goals.
“We look forward to collaborating with Palo Alto Networks and using Direct Air Capture to help advance their sustainability strategy,” said Michael Avery, President and General Manager of 1PointFive. “This agreement continues to build momentum for high-integrity carbon removal while furthering DAC technology to support energy development in the United States.”
The carbon credits will be sourced from STRATOS, 1PointFive’s flagship DAC facility located in Texas. Scheduled to begin operations later this year, the plant is designed to extract CO2 directly from ambient air. The captured emissions will be permanently stored underground using saline aquifer sequestration—a method widely regarded for its durability and safety.
“Collaborating with 1PointFive in this carbon removal credit agreement highlights our proactive approach toward exploring innovative solutions for a greener future,” said BJ Jenkins, President of Palo Alto Networks. The security company joins fellow Silicon Valley corporation Amazon on the client list. Back in 2023 the online retail giant purchased 250,000 tons of carbon removal from the DAC developer.
Momentum building
1PointFive has been securing agreements at a steady pace recently, with a 50,000 carbon credits purchase from JPMorganChase making waves. The credits, to be delivered over the next 10 years, will also originate from the STRATOS plant.
Reflecting the growing demand, earlier this year 1PointFive and its parent Occidental partnered with ADNOC’s investment arm, XRG, to explore a $500 million joint venture for a massive DAC site on King Ranch in South Texas, capable of removing 500,000 tons of CO2 annually.
