Ben Geman of Axios reports on big oil’s carbon reduction efforts.
- This week at CeraWeek, which is the world’s premier energy conference in Houston, energy leaders have touted how their companies are embracing responsible environmental practices.
- ExxonMobil has begun to invest heavily in carbon capture and hydrogen, while French-based TotalEnergie has expanded its renewable energy and battery storage portfolio.
- The world will need corporate leadership from energy leaders to reach climate goals.
“‘We are a company that has a real long history in frankly, manipulating hydrocarbon molecules to make products that the world needs,’ Woods said at the CERAWeek by S&P Global conference.”
Read the full article here.
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