Occidental buys Holocene as US carbon removal staff is cut to one person
Short record: the main facts, with sources. A full case file has not been prepared.
- The record does not name which of my species, waters, soils or forests were harmed.
Occidental bought the direct air capture company Holocene in April 2025, as the US Energy Department's carbon removal staff was reduced to one person. At stake for nature is how a 3.5 billion dollar direct air capture hub programme is spent.
What happened
Heatmap reported in April 2025 that Occidental had bought Holocene, and that the US Energy Department's carbon removal staff had been reduced to one person.
Heatmap also referred to a 3.5 billion dollar direct air capture hub programme.
OGJ reported in August 2023 that Occidental had bought Carbon Engineering for about 1.1 billion dollars, and gave a mid-2025 target for the Stratos plant.
In court and with insurers
Lawsuits and rulings
Insurers
What we don't know
Nature
- Not measured Harm to nature: The record holds no measurement of harm to nature.
Record
- None on record Not stated in the sources reviewed: the price Occidental paid for Holocene.
- None on record Not stated in the sources reviewed: whether the Stratos plant met its mid-2025 target.
- None on record Not stated in the sources reviewed: why the US Energy Department's carbon removal staff was reduced.
Did the harm stop?
Not stated in the sources reviewed.
Who paid?
Not stated in the sources reviewed.
Sources
Press and investigations
- Occidental buys HoloceneHeatmap · 2025-04-16
- Occidental to acquire direct air capture technology companyOGJ · 2023-08-15
Connected cases
- Occidental Stratos direct air capture plant (Texas) United States · 2023–2026
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: Owner and developer of Stratos
- Carbon Engineering (Company) — here: Direct air capture company acquired in 2023; there: DAC company acquired by Occidental, August 2023
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: Funder of DAC hubs; Assistant Secretary Brad Crabtree from April 2022
- 45Q lobby coalition's founding director was named to head DOE carbon office United States · 2011–2025
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: recipient of DAC hub support, 2023
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: administers carbon management funds
- Leaked DOE list marks first tranches for two direct air capture hubs 'terminate' United States · 2021
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: lead of the South Texas hub
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: ran the hub funding and the list
- ACCCE clean coal advertising and forged letters (US) United States · 2008–2009
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: Ran the Clean Coal programme, 1986–1993
- Hanford contractors settle false-claims suits as cleanup estimates rise United States · 1943–2086
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: Owner of the Hanford site; published the 2025 cost estimate
- Love Canal (New York) United States · 1980–1995
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: Successor to Hooker; defendant and payer
- Love Canal: appeals court upholds insurer's pollution exclusion in plumber case United States · 1980–2017
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: defendant in insurers' Love Canal actions
- Sellafield decommissioning and Hanford cleanup budgets United States · 1943–2086
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: Hanford owner and funder
- Syrah declares force majeure at Mozambique graphite mine after unrest Mozambique · 2024
- US Department of Energy (Government) — here: Federal department whose carbon removal staff was reduced; there: lender; loan defaulted
- US budget law cuts fossil fuel royalties and sets 4 million coal acres for leasing United States · 2025
- Occidental Petroleum (Hooker / OxyChem) (Company) — here: Acquirer of Holocene and Carbon Engineering; there: Named inauguration-fund donor