Carbon capture and storage

The carbon tax endorsement was just one part of a broader plan the group said will be required to combat climate change.
The duo also plan to develop and mature new technologies across the carbon-capture value chain.
Occidental Petroleum’s CEO Vicki Hollub said she plans to transform her oil and gas business into a carbon management company and to break ground next year on a direct air capture facility that will suck carbon dioxide out of the atmosphere in the Permian Basin, the country’s most prolific oil field.

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