Occidental Petroleum Corp. of the United States and Carbon Engineering Ltd. of Canada are preparing a site in the Permian basin of the United States for a plant that will capture 500,000 tons of carbon dioxide per year. According to Vicki Hollub, Occidental’s chief executive officer. The groundbreaking ceremony for the direct air capture plant,...Read More
According to a bleak new UN assessment, there is “no credible pathway” to keep global temperature rise below the critical 1.5C threshold. Scientists believe that exceeding 1.5 degrees Celsius would have disastrous consequences for people all over the world. According to the report, governments’ carbon-cutting plans have been “woefully inadequate” since COP26 last year. According...Read More