Carbon capture market to hit $4 trillion (Reuters)
- Last Updated on April 28, 2022
- Decarbonization
- Midstream & Downstream Oil & Gas
Exxon Mobil Corp. (XOM.N) estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then. Carbon capture is an important
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