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uksausage

03/09/22 7:58 AM

#45474 RE: JohnnyHydrogen #45473

They are committed to getting to carbon zero, it is a major part of that.

Oil companies have a ton of cash they can spend to get there. when subsidies are agreed on they will be ready to cash in.

The carbon can be sold and of course FCEl even produces electricity while it captures the carbon.

Subsidies are nice but good companies do not wait. The world isn't waiting, the climate isn't waiting, the only waiting is the US government.

Plenty of grants in Europe (Rotterdam for starters) available if you really want to save a few $$.

Seeing other companies nedging their way ahead of Exxon in the CCS market.

I don't actually see Exxon waiting either their board changes and latest investor deck makes that clear to me.