At CERAWeek, Big Oil Executives Call for ‘Energy Security’ and Longevity for Fossil Fuels Heads of the world’s top oil companies met in Houston and said the war in Ukraine has helped make the case for fossil fuels and a “balanced” energy transition. As one executive put it: “Our strategy is to stay as oily as we can for as long as we can.” By Nicholas Kusnetz
Oil Companies Had a Problem With ExxonMobil’s Industry-Wide Carbon Capture Proposal: Exxon’s Bad Reputation By Nicholas Kusnetz
Oil Companies Are Eying Federal Climate Funds to Expand Hydrogen Production. Will Their Projects Cut Emissions? By Nicholas Kusnetz
Exxon’s Long-Shot Embrace of Carbon Capture in the Houston Area Just Got Massive Support from Congress By Nicholas Kusnetz
Occidental Seeks Texas Property Tax Abatements to Help Finance its Long-Shot Plan for Removing Carbon Dioxide From the Atmosphere By Nicholas Kusnetz
In a Bid to Save Its Coal Industry, Wyoming Has Become a Test Case for Carbon Capture, but Utilities are Balking at the Pricetag By Nicholas Kusnetz
Proponents Say Storing Captured Carbon Underground Is Safe, But States Are Transferring Long-Term Liability for Such Projects to the Public By Nicholas Kusnetz
Occidental is Eyeing California’s Clean Fuels Market to Fund Texas Carbon Removal Plant By Nicholas Kusnetz
Fossil Fuel Companies Stand to Make Billions From Tax Break in Democrats’ Build Back Better Bill By Nicholas Kusnetz
Biggest “Direct Air Capture” Plant Starts Pulling in Carbon, But Involves a Fraction of the Gas in the Atmosphere By Leslie Hook, Financial Times
Fossil Fuel Companies Are Quietly Scoring Big Money for Their Preferred Climate Solution: Carbon Capture and Storage By Nicholas Kusnetz
A Lifeline for a Coal Plant Gives Hope to a North Dakota Town. Others See It as a Boondoggle By Dan Gearino
Exxon Touts Carbon Capture as a Climate Fix, but Uses It to Maximize Profit and Keep Oil Flowing By Nicholas Kusnetz