ExxonMobil: Carbon capture is critical to attaining society’s emission-reduction goals

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Few challenges are more important than meeting the world’s growing demand for energy while reducing environmental impacts, including the risks of climate change. ExxonMobil believes carbon capture and storage is an essential technology to help meet this dual challenge, because it is one of the few proven technologies that could enable some sectors to decarbonize, such as manufacturing and heavy industry.ExxonMobil has more than 30 years of experience with CCS technology, including the design, construction and safe operation of carbon capture and storage facilities around the world. Additional opportunities are under evaluation, and they all have the potential to move forward with current technologies, provided stable, supportive policies and regulatory frameworks are established.