SMRTR Science & EngineeringFeb 20, 2025The Verge

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

SMRTR summary

Occidental Oil sees carbon capture as key to expanding oil production, aiming to extract 50-70 billion more barrels through enhanced oil recovery. The company's direct air capture technology, initially marketed as a climate solution, is now being positioned as crucial for increasing fossil fuel reserves, with CEO Vicki Hollub highlighting potential support from a Trump administration.

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