The Woodlands Area Economic Development Partnership luncheon guests hear from William Swetra, Senior Policy Advisor at Oxy Low Carbon Ventures

THE WOODLANDS, TX --- The Woodlands Area Economic Development Partnership (EDP) held their Quarterly Partner Luncheon at The Woodlands Resort on Thursday, May 26, 2022. Over 100 partners and guests heard from William Swetra, Senior Policy Advisor at Oxy Low Carbon Ventures, a wholly owned subsidiary of Occidental – an international energy and chemical company with an office in The Woodlands.

Oxy Low Carbon Ventures is leading the way in transformational and sustainable business models that use human-made carbon dioxide emissions in new ways. These innovations include direct air capture, net-zero oil and fuels, net-zero chemicals and net-zero concrete. Mr. Swetra addressed the future of carbon capture, removal, and storage policy and regulation, both at the state and federal level, to incentivize the deployment of carbon management and removal technologies.

For 100 years, Oxy has developed extensive assets, infrastructure, expertise, and technology to fuel progress and improve lives around the world. Now they are leveraging these resources to help solve the planet’s most pressing environmental challenges. As they strive to be part of the solution, Oxy is taking bold steps to innovate new technologies for a low-carbon future. Oxy produces energy and essential products to sustain and improve life on our planet. Their experienced teams, located in the United States, Middle East, Africa, and Latin America, are committed to safe and efficient operations and products, and to reducing our carbon footprint and helping others do the same.

Gil Staley, CEO of The Woodlands Area Economic Development Partnership, said, “As the “Energy Capital of the World”, the Houston region is already home to all kinds of energy innovation including Oxy’s Low Carbon Ventures. It was fascinating to hear how they are advancing leading-edge, low-carbon technologies.”