Blockchains Finance-When Big Oil Gets In The Carbon Removal Game, Who Wins?

2025-05-01 12:41:24source:Blockchains Financecategory:Stocks

Giant machines sucking carbon dioxide out of the air to fight climate change sounds like science fiction,Blockchains Finance but it's close to becoming a reality, with billions of dollars of support from the U.S. government.

And a key player in this growing industry is a U.S. oil company, Occidental Petroleum.

With a major petroleum company deploying this technology, it begs the question, is it meant to save the planet or the oil industry?

NPR's Camila Domonoske reports.

Email us at [email protected].

This episode was produced by Connor Donevan, Vincent Acovino and Lauren Hodges. It was edited by Uri Berliner, Emily Kopp, Rafael Nam and Adam Raney. Our executive producer is Sami Yenigun.

More:Stocks

Recommend

Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15

NEW YORK (AP) — Juan Soto will be introduced by the New York Mets at Citi Field on Thursday, a day a

Museum in New York state returns remains of 19 Native Americans to Oneida Indian Nation

ALBANY, N.Y. (AP) — A museum in Rochester, New York, returned ancestral remains of 19 Native America

Madonna thanks her children, feels lucky to be alive 1 month after health scare

Pop music icon Madonna thanked her children and all the "angels" who protected her one month after s