Finally made to reckon with the climate crisis, most oil companies are turning to clean-energy technologies. Not Occidental Petroleum. Akshat Rathi talks to Oxy CEO Vicki Hollub to find out why. Under Hollub’s leadership, Oxy became the first US oil company to set a science-based target to reach net zero. The road it has chosen to get there is an atypical one. Rather than reducing oil and gas production, Oxy wants to make net-zero oil by investing heavily in carbon-capture technology. Rathi asks Hollub how exactly Oxy will build out this technology, how it will pay for it, and why she believes her company’s oil is the way to tackle climate change.

Read a full transcript of this episode, here.

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Thoughts or suggestions? Email us at zeropod@bloomberg.net. 

For more coverage of climate change and solutions, visit https://www.bloomberg.com/green

Finally made to reckon with the climate crisis, most oil companies are turning to clean-energy technologies. Not Occidental Petroleum. Akshat Rathi talks to Oxy CEO Vicki Hollub to find out why. Under Hollub’s leadership, Oxy became the first US oil company to set a science-based target to reach net zero. The road it has chosen to get there is an atypical one. Rather than reducing oil and gas production, Oxy wants to make net-zero oil by investing heavily in carbon-capture technology. Rathi asks Hollub how exactly Oxy will build out this technology, how it will pay for it, and why she believes her company’s oil is the way to tackle climate change.
Read a full transcript of this episode, <a href="https://www.bloomberg.com/news/articles/2022-10-27/transcript-zero-episode-7-would-you-buy-net-zero-oil">here</a>.
Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Thoughts or suggestions? Email us at zeropod@bloomberg.net. 
For more coverage of climate change and solutions, visit<a href="https://www.bloomberg.com/green"> https://www.bloomberg.com/green</a>

Zero is about the tactics and technologies taking us to a world of zero emissions. Each week Bloomberg’s award-winning reporter Akshat Rathi talks to the people tackling climate change – a venture capitalist hunting for the best cleantech investment, scientists starting companies, politicians who have successfully created climate laws, and CEOs who have completely transformed their businesses. The road to zero emissions has many paths and everyone’s got an opinion about the best route. Listen in.

Zero: The Climate Race

Zero

Oil boss Vicki Hollub is selling 'net-zero oil'. Do you buy it?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/89f5156a-8cf0-4bbd-a116-af9d013077cc/transcript

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