Over the summer, investors forced a change on Exxon's board. Since then, the company has been speeding up plans for its green economy pivot, which includes carbon capture and storage.
Carbon capture is the process of capturing CO2 at its source. Companies can store the carbon dioxide permanently, but it is more profitable and common to use the captured carbon in further fossil fuel production.say U.S. companies have pioneered the technology worldwide, injecting roughly 68 million metric tons of carbon dioxide back into the ground every year.
Exxon Mobil recently announced a plan to increase the amount of carbon it captures from its refineries near Houston, Texas. The company says it has captured 40% of the world's captured carbon to date.
This is a one sided propaganda video. Look luck running our economy in the next few decades w/o fossil fuels.
Sim, pode. O consumidor pagará o preço mais alto do combustível
aperitif ,
Back in 1970 Chevy ame out with a full size car called the sleeper. A friend of mine bought. He had trouble figuring his gas mileage, asked me to help. He was getting 40 mpg. He took it back for his 1000 mile checkup. They took his carburetor & told him it wasn't safety checked
💪Sparta.
They can still profit as long as they change course towards green clean energy plans
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irony/hypocrisy but the question of profitability never gets asked when it's a 'green stock'! (but then those rare are)
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Green economy? Who will pay this?
Time for exxonmobil exxonmobil_ind ExxonMobil_EU to innovate focus on wind , tidel & Hydrogen energy 💤 SIC_Capital
Exxon Mobil should announce a rollout of charging stations at their affiliated convenience stores over the next 15 years.
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