Exxon Pours Billions Into Meeting Rebound in Carbon Capture Demand

Exxon Pours Billions into Meeting Rebound in Carbon Capture Demand

Exxon hopes to profit by taking back some of what it helps put out into the world.  For the oil major, one of the world’s biggest corporate emitters of greenhouse gases, that means sucking in those very same emissions. The company is now investing billions to build out a vast infrastructure for carbon capture and storage (CCS), according to a Financial Times report this weekend. It’s a sign that the once-hot yet heavily contested carbon credit e…