103: The Case For Carbon Capture | The Real Leaders of Net Zero pt. 7
The Bid
Carbon Capture in the Permian Basin
We'll start the construction of the direct air capture body into this year. We'll have it online in 2024. And once you pull the CO2 out of the air, the atmosphere balances around the world. You can actually work with a refiner and we can build a direct air capture facility anywhere in the world. If a refiner wants to offset his emissions, he can buy CO2 credits from us.
How can carbon capture transform the oil and gas industry? On this episode of “The real leaders of net zero,” CEO and President of Occidental Petroleum Vicki Hollub joins guest host, Mark McCombe, Chief Client Officer at BlackRock, to talk about the oil and gas company’s net zero strategy and its commitment to be net zero by 2040 and the important role carbon management could play in achieving these goals.
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