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Carbon removal is the next big fossil fuel boom, oil company says

Summary by The Verge

People gather for the groundbreaking for Oxy’s Direct Air Capture facility called Stratos in West Texas on Friday, April 28th, 2023. | Photo: Getty Images Occidental, the oil giant that has tried to fashion itself as a climate tech leader, is being real clear now about capturing carbon dioxide emissions, which it sees as the next big thing for fossil fuel production. That shouldn’t be surprising coming from a petroleum company. But Occidental ha…

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Carbon removal is the next big fossil fuel boom, oil company says

People gather for the groundbreaking for Oxy’s Direct Air Capture facility called Stratos in West Texas on Friday, April 28th, 2023. | Photo: Getty Images Occidental, the oil giant that has tried to fashion itself as a climate tech leader, is being real clear now about capturing carbon dioxide emissions, which it sees as the next big thing for fossil fuel production. That shouldn’t be surprising coming from a petroleum company. But Occidental ha…

2 days ago·United States

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The Verge broke the news in United States 2 days ago on Thursday, February 20, 2025.

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