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Exxon Mobil CEO Says Advancing Houston Carbon Capture Megaproject
Exxon Mobil CEO Darren Woods said he aims to lure the region’s top 50 CO₂ emitters, and is lobbying federal, state and local officials for support to advance a carbon capture and storage project along the U.S. Gulf of Mexico.
Jennifer Hiller, Reuters Your browser does not support the audio element.
Exxon Mobil Corp. is advancing a carbon capture and storage project along the U.S. Gulf of Mexico through talks with rivals and government officials, CEO Darren Woods said in an interview on April 30.
The largest U.S. oil producer this month floated a public-private initiative that would collect and sequester planet-warming CO₂ emissions from petrochemical plants along the Houston Ship Channel, a 50-mile (80-km) long waterway that is part of the Port of Houston.