Column / Harder Line

The oily path to tackling climate change

A pumpjack holding up Earth.
Illustration: Rebecca Zisser / Axios

HOUSTON — On the outskirts of America's oil capital is a carbon capture project poised to reap hundreds of millions of dollars in new federal tax credits. There's a catch, though: it uses the carbon to extract oil.

Why it matters: Capturing carbon to extract oil seems counterintuitive to addressing climate change, but experts who have crunched the numbers say this technology is a necessary, if controversial, step that's helped along by these kinds of projects.