Close this search box.

Getting climate, energy & environment news right.

Exxon, Japan’s Mitsubishi Heavy tie-up in carbon capture technology

Reuters reports that Exxon and Mistibushi are teaming up to advance carbon capture technology.

The C3 Take
  • The agreement will see Mitsubishi Heavy Industry use its carbon capture technology for Exxon Mobil’s end to end carbon capture and storage solution.
  • The partnership will serve Japan’s Kansai Electric Power Co (KEPCO) and will have the goal of cutting the cost of carbon capture for industrial processes.
  • Private sector leadership is creating a cleaner environment.

“CCS technology has been used for years, often to enhance oil well production rates, but rising carbon prices in regions such as Europe have lifted hopes it might take off as a stand-alone business in the future.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

Copyright © 2020 Conservative Coalition for Climate Solutions

Subscribe to our exclusive email designed for conservatives who care about climate.

Help us promote free market solutions for climate change.

5 Incredible Ways Economic Freedom Helps the Planet.

Sign up for our newsletter now to get the full list right in your inbox.

Thank you for signing up

Help us promote sensible solutions for both planet and prosperity.

Download Now

The Left’s Top 10 Climate Denials

Download Now