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carbon captureTechCrunch
•Business
Business & Economics
80% Informative
Occidental bought carbon capture startup Carbon Engineering two years ago .
Previously, the company had said it would use the technology to zero out its climate impact.
Now CEO Vicki Hollub says the company wants to use CO2 to pump more oil.
Direct air capture, the technique used by Carbon Engineering , remains expensive at $600 to $ 1,000 per metric ton.
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