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Transaction
1PointFive - channel partner DAC credit sales (CUR8, Supercritical, Patch)
Terms
- Not ranked
- Offtake, therefore not eligible for carbon financing league table
- Announced
- 2 Oct 2026
- Instrument
- Offtake
- Amount
- UndisclosedReported as over 15,000 tonnes of CDR credits
- Source
- carbonherald.com
Parties
- Project developer
- 1PointFive
- Recipient type
- Technology company
- Country
- United States
- Buyers
- CUR8 (intermediary offtaker)
- Supercritical (intermediary offtaker)
- Patch (intermediary offtaker)
Carbon
- Pathway
- DAC
What happened
- 1PointFive, Occidental's carbon removal business, has agreed to sell over 15,000 tonnes of direct air capture carbon removal credits through channel partners, named as CUR8, Supercritical and Patch (Carbon Herald, 2 Oct 2026, citing a 1PointFive blog post). The partners resell to small and mid-sized organisations, for example for large events and year-end additions. The per-partner tonnages, price, delivery timing and end buyers are not disclosed; a caption in the Carbon Herald piece refers to Project Stratos, but the text does not say the credits come from it. The volume is a floor ('over 15,000 tonnes'), so no volume figure is entered. Recorded as an offtake with the three channel partners as counterparties, recorded with Role = Intermediary offtaker (they buy to resell, so they are not end offtakers); no capital moved before the credits, so it is out of the league tables.
Kumo note
- A direct air capture developer selling through resellers rather than direct to end buyers, which is how small and mid-sized organisations are reached; the resellers are the contract counterparties here, not the end buyers.
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