Occidental Petroleum is planning a series of massive projects in Texas to pull tens of...
is planning a series of massive industrial projects in Texas to pull tens of millions of tons of carbon dioxide out of the air, and the company is seeking substantial state tax breaks to help finance the operations.
Carbon removal has also generated controversy within the environmental community. Some activists are concerned the technologies could be used as an excuse to weaken efforts to cut emissions from fossil fuels. Many also say that the technologies, which use considerable energy, could have their own damaging environmental impacts.
“I think it’s just important to have some scrutiny over these applications to determine whether they’re actually incentivizing a company to set up shop or not,” Palacios said. He said each direct air capture plant “will reflect a significant investment in the communities where they are built.” Occidental is positioning itself to be the first large corporation to bring the technology to commercial scale. It announced plans in 2020 to build a direct air capture plant in the Permian Basin area of Texas and New Mexico, and has said it would initially be able to capture 500,000 metric tons of CO2 per year.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Texas House speaker says he’s confident Legislature will revive expiring corporate tax break programLawmakers let the program, known as Chapter 313, expire at the end of this year after the Senate declined to consider a bill extending it. It was the first time in its 20-year history that legislators decided not to renew the program.
Read more »
U.S. heat wave: Here's where temperature records were set in JulyAt least 43 locations across the U.S. set or tied for their hottest July on record, according NOAA data. Record-breaking temps were concentrated in: ☀️ Texas ☀️ Tennessee ☀️ Alabama ☀️ Mississippi ☀️ N. Carolina ☀️ S. Carolina ☀️ Oregon
Read more »
Air Conditioner Broken in Your Apartment? Don't Sweat It: Call 311Chill! The city might be able to help with your apartment's broken air-conditioning unit.
Read more »
Is Alex Jones Screwed? The Guy Who Chronicles Him for a Living Has a Prediction.“My sense was this is as good as it could be for an Alex Jones trial.”
Read more »
Physicians delaying care to those who suffer miscarriages citing confusion on Texas abortion bansA Conroe woman wanting a D&C has called into question where miscarriages stand with Texas' strict abortion bans after Houston-area doctors were unable to help her.
Read more »