Jordan Blum on S&P Global writes that Texas could become the national leader in carbon capture technology. Texas is the number one oil-producing state and as markets shift toward demanding cleaner energy, Texas will have to adopt carbon capture technology.
“’Politically, there’s a strong motivation to ensure the industry becomes sustainable,’ Medlock said, because the energy sector is such a big part of the Texas economy. ‘There’s just a massive opportunity in the state, and policy makers are open to the discussions right now. The companies involved in the space are also feeling pressure from the investment community and consumers.’”
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