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'Things were way tougher': Charlie Munger's blunt message to whiners worried about 'hardship' — plus 3 stocks Warren Buffett's right-hand man uses to supercharge his finances

Two US projects highlight divide over carbon removal’s role in climate fight

In Texas, oil and gas producer Occidental Petroleum is constructing a giant facility to suck 500,000 tonnes of carbon dioxide out of the atmosphere annually to keep it from warming the climate, a project backed by hundreds of millions of dollars from investment firm BlackRock. In Louisiana, a consortium of companies that includes Swiss firm Climeworks is teaming up to build a similar facility that can pull a million tonnes of the greenhouse gas out of the sky each year, boosted by hundreds of millions of dollars in grants from the U.S. government. The direct air capture (DAC) projects are in neighboring states, but the companies leading them are worlds away when it comes to their views on how carbon removal - an expensive and largely unproven family of technologies to fight or even reverse global warming - should be deployed in a climate-friendly future and the role oil and gas should play in its deployment.

Zacks Industry Outlook Highlights ConocoPhillips, Occidental Petroleum and Marathon Oil