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1PointFive is a pioneering startup focused on addressing the global climate crisis by developing innovative solutions for carbon removal and geologic sequestration. The company's primary goal is to help curb global temperature rise to 1.5°C by 2050, a target that requires significant commitment, partnership, and innovation.

1PointFive serves a broad range of clients across various industries, all of whom share a common goal of reducing their carbon footprint and contributing to global climate targets. The company operates in the environmental services market, specifically in the carbon capture and storage (CCS) sector.

The company's business model revolves around the construction and operation of facilities designed to capture carbon dioxide (CO2) directly from the atmosphere. One of their key projects is the development of the world's largest Direct Air Capture (DAC) facility, which is expected to be operational by mid-2025. This facility is designed to capture 500,000 tonnes of CO2 annually, contributing significantly to the global climate target of removing up to 20,000 million tonnes of CO2 from the atmosphere per year by 2050.

1PointFive generates revenue by offering its carbon capture services to companies seeking to reduce their environmental impact. By investing in 1PointFive's services, these companies can offset their carbon emissions and work towards achieving their own sustainability goals.

Keywords: Carbon Removal, Geologic Sequestration, Climate Targets, Environmental Services, Carbon Capture and Storage, Direct Air Capture Facility, Carbon Offset, Sustainability, Environmental Impact, Global Climate Crisis.

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