Occidental in record carbon-removal deal

Green deal: For Microsoft, whose push into artificial intelligence has triggered a spike in emissions, an agreement with Occidental is central to addressing a growing carbon footprint. — Reuters

NEW YORK: Oil giant Occidental Petroleum Corp has clinched a record carbon removal deal with Microsoft Corp amid the software titan’s push to reduce its expanding emissions.

Occidental, which is building an carbon-capture portfolio through its subsidiary 1PointFive, plans to build a fleet of plants that suck carbon dioxide (CO2) directly from the air.