The Globe and Mail reports in its Thursday edition that Occidental Petroleum is nearing completion of a $1.3-billion (U.S.) project in West Texas that will extract carbon dioxide from the air, using technology developed in Canada. The Globe's Jeffrey Jones writes that the venture, called Stratos, is on track to start removing 250,000 tonnes of CO2 annually around the middle of this year, and ramp up to 500,000 tonnes a year in 2026. It is also planning a much larger direct-air-capture hub in southern Texas. Stratos is a recipient of green incentives made available under former U.S. president Joe Biden's Inflation Reduction Act and the hub project was selected to get up to $500-million (U.S.) from the U.S. Department of Energy. The Trump administration has placed the green incentives under review, and Occidental chief executive officer Vickie Hollub conceded that has added uncertainty to the project. Mr. Trump has famously referred to climate change as a scam. Ms. Hollub said she has stressed the technology's role in enhanced oil recovery -- injecting the extracted CO2 into aging oil reservoirs could unlock 50 billion to 70 billion barrels of oil, extending U.S. energy independence by more than a decade.