I didn’t read the article but I did scan it and I saw this…
Oil and gas companies lobbied for the direct air capture money to be included in the law, arguing that the world could continue to burn fossil fuels if it had a way to clean up their planet-warming pollution.
600 billionaire for 1.2 billion dollars is a decent deal, since their imaginary capital (stocks, etc.) would mostly devalue but they do still have material holdings that can be taken.