https://www.investors.com/news/warren-buffett-carb...

In Texirish's wheelhouse but I find OXY's vision and game plan interesting. Excerpt:

'' Companies are pouring billions of dollars into developing a carbon capture market estimated at a modest $2 billion in 2021. Occidental estimates the carbon capture market will hit $50 billion a year by 2030. Exxon sees it going as high as $4 trillion by 2050.

Carbon capture is nothing new. Oil and natural gas producers for decades have reinjected production site exhaust. It's a means to pressurize reservoirs and coax additional product out of the ground.

However, now it is being billed as a way to capture exhaust emissions.

Meanwhile, the Warren Buffett-backed OXY has been an early adopter of the direct air capture technology. Occidental's roadmap calls for bringing three carbon-sequestration hubs online by 2025, and building 70 direct air capture plants across the world by 2035.'

Berkshire Hathaway FAQ

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