ExxonMobil proposes $100bn Gulf of Mexico carbon-capture project

ExxonMobil’s plan to tackle greenhouse gas (GHG) emissions involves carbon capture and storage (CCS), a technology the company says “could enable some heavy-emitting sectors to decarbonise.” It is seeking support to develop a public-private, multi-user CCS project in the Houston Ship Channel, part of the Port of Houston, that it estimates would cost $100bn or …

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