BlackRock backs world's largest direct air capture plant

The world's largest asset manager will invest $550 million to build a direct air capture (DAC) facility in Texas which the energy company developer says will be the world's largest.

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Read more: BlackrockOccidental Petroleum CorporationGlenn HegarAirbusAll Nippon AirwaysAmazonGoldman SachsJP MorganLarry FinkVicki Hollub