Oil and gas companies have direct air capture technology in their sights

Backers say costs are coming down for nascent technology — and they are getting crucial backing from carbon-conscious energy companies

Desert air: a rendering of the Permian basin direct air capture (DAC) plant being built by 1PointFive, the development company formed by Oxy and Rusheen Capital Management to deploy Carbon Engineering's DAC technology in the US
Desert air: a rendering of the Permian basin direct air capture (DAC) plant being built by 1PointFive, the development company formed by Oxy and Rusheen Capital Management to deploy Carbon Engineering's DAC technology in the USImage: CARBON ENGINEERING
Published 2 November 2020, 09:21Updated 4 November 2020, 15:17
Rusheen Capital ManagementPale Blue Dot EnergyExxonMobilUSUK