Exxon floats $100 bln carbon storage project requiring public, private financing

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Exxon floats $100 bln carbon storage project requiring public, private financing

HOUSTON — Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico. The plan would require “$100 billion or more” from companies and government agencies to store 50 million metric tons […]
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