ExxonMobil sees carbon capture market at $4 trillion by 2050

Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.

ExxonMobiil 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, as reported by Reuters. That is about 60% of the $6.5 trillion market the nation’s largest crude producer estimates for oil and gas by then. ExxonMobil is under

This article is only available to paid Insiders

Become an Insider Now

Already an Insider? Sign in.

Comments (0)

From Our Partners

Daily Report Poll

ASK AI

Ask anything about Baton Rouge business