Big Oil is bringing the greenwashing

This article covers a bunch of aspects of that. I found these paragraphs most notable.

Meanwhile, Hollub announced at her panel that Occidental doesn’t “expect to be an oil company in the next 15-20 years. We’ll be a carbon management company.”

What, exactly, does a “carbon management company” do? Based on Hollub’s answers, it seems the task involves mostly wrapping fossil fuels in a nicer-looking package. In January, Occidental completed its first shipment of what the company is calling “carbon-neutral oil,” which seems to be just normal oil that comes bundled with a bunch of carbon offsets for both the production and usage sides. Next, Occidental is apparently looking to start producing “net-zero oil,” which will be oil made with carbon capture and sequestration technologies attached to its production. (No fancy labels can do away with the fact that that oil, eventually, gets burned, and that downstream burning is the biggest source of emissions.)

The idea of simply stopping emissions at the source or even more wildly, sucking carbon out of the air, is the great white whale for oil companies who want, above all else, to keep producing their product while telling us they’re doing good and cutting emissions. Since emissions come from the production, transport, and burning of fossil fuels, there are two avenues the industry wants to deploy. The first is capturing carbon at the source of fossil fuel production, to either be stored permanently or used in a different way later. The other is a larger idea of simply removing carbon from the air more generally. Unfortunately, the former technology is tricky, expensive, and tough to implement; the latter has never been proven at scale. - Earther