The Houston Texans’ plan to offsetits pollutionis backed by Big Oil and Gas
by Justine Calma from The Verge - All Posts on (#67MYX)
Photo by Justin Casterline / Getty Images The Houston Texans, the NFL team reppin' the city that's arguably the oil and gas capital of the world, says it wants to go green. So of course the team is working with an oil and gas giant to try to tackle climate change.
A subsidiary of Occidental Petroleum Corporation called 1PointFive announced a new agreement and sponsorship with the Houston Texans on Friday. 1PointFive is Occidental's huge new initiative to pull planet-heating carbon dioxide out of the atmosphere in an effort to limit climate change. It can then sell credits for each ton of CO2 it captures to other companies trying to offset their own climate pollution. Essentially, Occidental can now make money from both its oil and gas business - and from emissions generated by...