- Oil companies such as Occidental and Exxon are shelling out up to $1,000 an acre for land use rights to store captured carbon dioxide.
- Last month Chevron leased 100,000 acres to store carbon in rural counties in Texas.
- Across the Gulf Shore, oil-producers are investing heavily in alternative technologies like hydrogen and carbon capture.
- Private sector leadership and strong property rights protections are driving economic and environmental progress in the U.S.
Read the full article here.