TechClimate Startup Shifts Focus From Carbon Removal to Oil Recovery

Direct-air-capture startup Spiritus, founded to remove carbon dioxide from the atmosphere and store it underground, is pivoting to sell the gas for oil extraction as US federal funding cuts and a corporate retreat from climate action reshape the clean-tech industry.

carbon removaldirect air captureoil recovery

BBloomberg News★★☆☆☆2026-09-23 10:30Original