Occidental Acquires Carbon Removal Startup Holocene: What It Means for Direct Air Capture
Discover how Occidental’s acquisition of Holocene boosts carbon capture innovation.
Matilda
Occidental Acquires Carbon Removal Startup Holocene: What It Means for Direct Air Capture Why Did Occidental Buy Carbon Removal Startup Holocene? If you’re searching for insights into Occidental’s acquisition of Holocene , you’re likely wondering how this move impacts the future of carbon removal and climate tech. The oil and gas giant recently purchased Holocene, marking its second acquisition of a direct air capture (DAC) startup in two years. This strategic investment underscores Occidental’s growing interest in advancing carbon capture technologies, which are critical for addressing climate change and enhancing oil recovery (EOR). With Holocene’s cutting-edge amino acid-based carbon removal process and competitive pricing at 100 p er m e t r