OXY & Carbon Engineering to Build the World’s Largest Carbon Capture Plant

Enviro & Legislation

Oil giant Occidental Petroleum (OXY) and Carbon Engineering (CE) are constructing the world’s largest direct air carbon capture (DAC) plant in the United States’ Permian basin. Carbon Engineering focuses on the global deployment of megaton-scale DAC technology. The company has been working on capturing CO2 from the air since 2015. According to Occidental Petroleum CEO…

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