Occidental Petroleum's net-zero claims met with skepticism

Occidental Petroleum's net-zero claims met with skepticism

Occidental Petroleum's strategy to achieve net-zero emissions through carbon capture and other technologies faces significant criticism for potentially increasing overall greenhouse gas emissions.

Joseph Winters reports for Grist.


In short:

  • Despite Occidental Petroleum's commitment to net-zero by 2040, critics argue that their reliance on carbon capture technologies may actually exacerbate their carbon footprint.
  • The company's plans involve using captured carbon for enhanced oil recovery, which critics say undermines the goal of reducing greenhouse gas emissions.
  • Independent experts and analyses suggest that the energy-intensive nature of these technologies, primarily powered by fossil fuels, may result in net increases in emissions.

Key quote:

"What we have to do is phase out fossil fuels, not perpetuate their life."

— Marlène Ramón Hernández, expert on carbon removal at Carbon Market Watch

Why this matters:

Critics argue that while carbon capture technologies promise to remove CO2 from the atmosphere, they may inadvertently lead to an increase in overall greenhouse gas emissions. This paradox arises because the infrastructure and energy required to capture and store carbon can itself be substantial. There's also a concern that relying heavily on these technologies could perpetuate the continued use of fossil fuels, as companies might feel justified in maintaining or even increasing production due to the perceived mitigation offered by carbon capture.

wind turbines lined up in a green field

Op-ed: The real scam — rail against renewables, run away with factories

The renewable energy industry will have a strong expansion in the US — led by politicians who harness and hoard solar power, wind power and electric vehicles for their own constituents, but deny it for everyone else.

For all that President-elect Donald Trump trashed renewable energy on the stump, much of his ranting may very well become a murmur when he returns to the Oval Office.

Keep reading...Show less
Senator Whitehouse & climate change

Senator Whitehouse puts climate change on budget committee’s agenda

For more than a decade, Senator Sheldon Whitehouse gave daily warnings about the mounting threat of climate change. Now he has a powerful new perch.
Palm trees bending in the wind

Cyclone devastates Mayotte

Cyclone Chido struck Mayotte with unprecedented intensity, leaving 22 dead and highlighting how climate change fuels stronger storms.

Taiwo Adebayo reports for The Associated Press.

Keep reading...Show less
Coal power plant with emissions rising from towers

Biden aims for steep emissions cuts amid looming Trump presidency

President Biden announced a new goal to slash U.S. greenhouse gas emissions by 61% to 66% by 2035, even as Donald Trump’s return to the White House threatens to derail climate policies.

Maxine Joselow reports for The Washington Post.

Keep reading...Show less
Liquid Natural Gas tanker

US LNG expansion faces hurdles despite federal approval

A federal study warns of significant greenhouse gas emissions and higher energy costs linked to LNG exports, but stops short of halting expansion plans.

Pam Radtke reports for Floodlight.

Keep reading...Show less
Truck being loaded with coal

Coal stockpiles strain US power sector as demand wanes

Massive coal reserves are sitting unused at U.S. power plants, creating financial challenges amid lower demand for coal-fired energy.

Sharon Udasin reports for The Hill.

Keep reading...Show less
Bogotá faces water rationing
Credit: Luis Quintana Barney/Flickr

Bogotá faces water rationing

Water rationing in Bogotá shows how climate disruptions are forcing cities to adapt, testing collective resilience in the face of scarce resources.

Elizabeth Rush reports for The Atlantic.

Keep reading...Show less
Oil pipelines stretching into the distance

Wisconsin oil spill fuels doubts over Enbridge’s pipeline safety

A recent Enbridge oil spill in Wisconsin has intensified concerns about the safety of the company’s Line 5 pipeline project, despite state assurances of minimal risk.

Kristoffer Tigue reports for Inside Climate News.

Keep reading...Show less
From our Newsroom
Agents of Change in Environmental Justice logo

LISTEN: Reflections on the first five years of the Agents of Change program

The leadership team talks about what they’ve learned — and what lies ahead.

Resident speaks at an event about the Midwest hydrogen hub organized by Just Transition NWI.

What a Trump administration means for the federal hydrogen energy push

Legal and industry experts say there are uncertainties about the future of hydrogen hubs, a cornerstone of the Biden administration’s clean energy push.

unions climate justice

Op-ed: The common ground between labor and climate justice is the key to a livable future

The tale of “jobs versus the environment” does not capture the full story.

Union workers from SEIU holding climate protest signs at a rally in Washington DC

El terreno común entre los derechos laborales y la justicia climática es la clave de un futuro habitable

La narrativa de “empleos vs. proteger el medio ambiente” no cuenta la historia completa.

unions and labor movement

LISTEN: Pradnya Garud on the role of unions in climate justice

“They’ve been able to combine forces and really come forward to bring social and environmental change.”

Stay informed: sign up for The Daily Climate newsletter
Top news on climate impacts, solutions, politics, drivers. Delivered to your inbox week days.