Reuters reports on Occidental’s plans to build a direct air capture project.
- U.S.-based Occidental has not publicly identified where the direct air capture plant will be in Texas, but has stated that it will be operational by 2024.
- The company is also looking to build a direct air capture hub in Louisiana.
- These investments will be key in reducing energy sector emissions and making direct air capture more economically attractive for other companies.
Read the full article here.