We're Not Afraid of the Transition Out of Oil & Gas: Occidental CEO

The video discusses Occidental's efforts in carbon capture, a crucial technology for achieving net-zero emissions. CEO Vicki Hollub explains the company's strategy, partnerships, and the economic implications of carbon capture. Occidental aims to build the world's largest direct air capture plant, highlighting the potential for significant business growth and environmental impact. The discussion also covers the future prospects and challenges of scaling this technology.

What is the significance of direct air capture in achieving net zero emission targets?

Describe how the direct air capture machine functions.

What are the potential financial implications for Occidental in pursuing carbon capture technology?

What role do renewable energy and electric vehicles play in the carbon capture strategy discussed?

What are the expected timelines for the construction and operation of the direct air capture plant?

How does Occidental plan to utilize the captured CO2 to enhance oil production?

In what ways is Occidental engaging with other industries regarding carbon capture technology?