Sarah McFarlane of The Wall Street Journal reports that Shell and Exxon are looking to turn captured carbon into a profit.
- Carbon capture is a tremendous technology that can reduce the carbon footprint of fossil fuels.
- Currently, there is robust private sector involvement in the space of carbon capture, with companies such as Microsoft investing in projects that reduce emissions.
- Exxon and Shell are looking to capture not only their own emissions but the emissions of other companies too.
- Through the leadership of the free market, we can reduce our emissions while keeping energy affordable.
Read the full article here.