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Big Push in CCS Spending Overshadows Concerns About Its Green Potential

August 1, 2023--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)-- Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) recently highlighted its gains in carbon capture and storage (CCS) potential in its second-quarter earnings report, an emerging trend that's been met with controversy over whether that effort is truly part of the energy transition.

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