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Exxon touts carbon capture as a climate fix, but uses it to maximize profit and keep oil flowing
by Kevin Crowley and Akshat Rathi, Bloomberg Highlights Carbon captured by Exxon Mobil’s Shute Creek Treating Facility is being sold to other companies that are injecting the carbon into depleted oil fields to help produce more oil Exxon may have claimed hundreds of millions of dollars in tax credits due to the tax credit that encouraged companies … Read more
