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Occidental’s direct air capture project at risk as Trump eyes $12 billion clean energy cuts

Investing.com•Tuesday, October 7, 2025 at 6:39:16 PM
NegativeFinancial Markets
Occidental’s direct air capture project at risk as Trump eyes $12 billion clean energy cuts
Occidental's ambitious direct air capture project is facing significant challenges as former President Trump proposes $12 billion in cuts to clean energy initiatives. This move raises concerns about the future of innovative climate solutions, which are crucial for combating climate change. The potential reduction in funding could hinder progress in developing technologies that capture carbon emissions, making it harder to achieve environmental goals. As the debate over clean energy funding heats up, the implications for both the economy and the environment are profound.
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