The entire thought process of "Occidental Petroleum": "So we are using C02 to push oil out of the ground, but it's kinda expensive, can we make it so government pays for it? Totally, call the Media Relationships department".
The whole thing is green washing theater. It doesn't even address how the "sucking CO2 from the air" is going to be ecologically viable, just a hand-waivy "Think giant fans. Chemical reactions suck the carbon out of the sky and then store it underground." lol