Construction equipment during a groundbreaking ceremony at the Occidental direct air capture plant in Texas on April 28th, 2023. | Photo: Getty Images
A major project to capture and store carbon dioxide pollution for companies including Microsoft and Amazon just took a significant step forward — the Environmental Protection Agency (EPA) issued draft permits for wells that would store the CO2 underground. The EPA issued the permits to Oxy Low Carbon Ventures, a subsidiary of Occidental Petroleum that has landed big carbon removal deals with major tech companies.
Oxy is building a massive industrial plant cal...
