? Big oil’s big CCS play #158
Climate Tech VC
JULY 17, 2023
Its Low Carbon Solutions business plans to spend $17B on “lower-emissions” investments between 2022 and 2027, but the company is betting on clean hydrogen, ammonia, biofuels, and CCS rather than emissions-free electrons. One of the big problems facing electrofuels growth today is sourcing CO2.
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