Which sectors are investing the most in environmental sustainability?
Polluting industries are investing heavily in CO2 capturing, especially construction, mining and oil and gas sectors. Occidental Petroleum partnered with a private equity firm, Rusheen Capital Management, to develop a direct air capture facility in Texas that would pull about 1 million metric tons of CO2 annually from the air. Chemicals and materials companies have been pioneering atmospheric water harvesting, which could help supply water-starved areas of the world with new sources of water. And innovations are also being driven from both governments and non-governmental organisations.