It’s capturing co 2 that otherwise would be released into the atmosphere, and injecting it into geologic formations deep underground for safe, secure and permanent storage It’s a readily available technology that can significantly reduce emissions from sectors like refining, chemicals, cement, steel and power generation Discover how exxonmobil is pioneering carbon capture and storage (ccs) technology to help reduce carbon emissions in u.s Exxonmobil aims to capture and store 30 million metric tons of co2 annually by 2030 With whom is exxonmobil partnering to develop co2 capture technology, and what is the purpose Exxonmobil is partnering with mitsubishi heavy industries for the joint development of co2 capture technology, with the goal of improving efficiency and reducing costs.
The captured co 2 is expected to be sequestered and permanently stored by exxonmobil. We can manage the lifecycle of carbon from capture, transportation, and storage with a vast network that can integrate into customers’ assets and logistical footprints Customers can benefit from our knowledge of how to build large projects combined with subsurface. Carbon capture and storage (ccs) is often the most feasible decarbonization technology for industries such as cement, steel and chemical production Technological developments will be key to the growth of ccs, but government approval and support will also.
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