Even if Exxon one day completes its plans in Wyoming, the current delay shows that urgent climate projects can sometimes become expendable in a crunch. Carbon capture wasn’t created to tackle climate change. Carbon capture is absolutely necessary if society is going to achieve its aspiration of eliminating carbon dioxide emissions." One of Exxon’s more recent Twitter ads was a 36-second video discussing the potential use of fuel cells in carbon capture. Whether or not oil companies invest enough in carbon capture, demand for the technology is set to grow.

Source: Mint December 07, 2020 10:52 UTC