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

Published on: 2025-07-12 19:33:06

is a senior science reporter covering energy and the environment with more than a decade of experience. She is also the host of Hell or High Water: When Disaster Hits Home , a podcast from Vox Media and Audible Originals. 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 has built up an entire arm of its business purporting to fight climate change. It acquired the startup Carbon Engineering, a pioneer in the development of technologies that filter CO2 out of the air, back in 2023. Occidental subsidiary 1PointFive is building giant facilities in Texas using Carbon Engineering’s tech. Those projects got support from the Biden administration and from big companies, including Amazon and Microsoft, with their own climate goals to meet. Sucking carbon ... Read full article.