Exxon is working on direct air capture technology to remove carbon dioxide emissions from the atmosphere as a tool to address climate change Exxon ceo darren woods said the technology is. Exxon has also been looking to branch out into areas that it says complement its existing business, such as generating power for data centers while capturing most of the associated carbon dioxide. In this advancing climate solutions (acs) report, we discuss how exxonmobil has the right tools, technologies, and people to help the world bend the curve on emissions We highlight our work to: What is carbon capture and storage (ccs)
It's capturing co 2 that otherwise would be released into the atmosphere, and injecting it into geologic formations deep underground for safe, secure and permanent storage It's a readily available technology that can significantly reduce emissions from sectors like refining, chemicals, cement, steel and power generation For the first time in modern history, emissions are projected to peak and begin a sustained decline this decade as economies expand and living standards improve By 2050, we project global co 2 emissions to decline by 25% from current levels Explore how our expertise in molecule management positions us to scale a portfolio of lower emissions energy solutions through our low carbon solutions business. The world needs a plan
We highlight our work to Reduce our own emissions and others'
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