Oil giant Occidental makes massive new carbon removal plans in Texas.
Signage is displayed outside of Occidental Petroleum Corp. offices in Carlsbad, New Mexico, US, on Friday, September 11th, 2020.an enormous escalation of its plans to take planet-heating carbon dioxide out of the air. It signed a lease agreement on 106,000 acres in Kleberg County, Texas, where it would build up to 30 new facilities capable of drawing CO2 out of the ambient air.
Despite being one of the biggest oil producers in the country, Occidental is trying to position itself as a leader when it comes to deploying new climate tech. The Direct Air Capture plants Occidental envisions for its new digs in King Ranch would filter CO2 out of the air to keep it from building up in the atmosphere and heating up the planet.
Despite being one of the biggest oil producers in the country, Occidental is trying to position itself as a leader when it comes to deploying new climate tech Never mind that Occidental’s petroleum products create that carbon dioxide pollution in the first place. And climate research that the world needs to phase out fossil fuels to prevent more catastrophic climate change. Occidental plans to keep pumping out oil, and carbon removal is a big part of that plan.
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