1 March 2022 (IEEFA) – ExxonMobil has consistently failed to reach carbon dioxide (CO2) capture capacity in its long-running Shute Creek carbon capture utilization & storage (CCUS) project and has vented captured CO2 back into the atmosphere when it couldn’t be sold to companies extracting more oil from depleted reservoirs, finds a
ExxonMobil has consistently failed to reach carbon dioxide capture capacity in its long-running Shute Creek carbon capture utilization & storage project and has vented captured CO2 back into the atmosphere when it couldn’t be sold to companies extracting more oil from depleted reservoirs, finds a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).