With $3.5 billion in federal investment, the US is building direct air capture hubs — the largest carbon removal effort in history. But can it work at scale?
Occidental Petroleum's Project Stratos near Midland, Texas opened in 2024 — capturing 500,000 tons of CO2 per year from ambient air using fan-driven machines and chemical sorbents. It stores CO2 permanently underground in Texas geology.
The Inflation Reduction Act's 45Q credit pays up to $180/ton for CO2 permanently stored underground — making carbon capture economically viable for the first time and attracting $40B in private investment across 100+ US projects.
Critics argue CCS prolongs oil and gas dependence. Proponents say it's essential for hard-to-decarbonize industries like steel and cement. The science is clear: the world needs both massive emissions cuts AND carbon removal to stay below 1.5°C.