A $4 Trillion Estimate by Exxon - this field is about to explode:
https://www.reuters.com/business/sustainable-business/exxon-sees-carbon-capture-market-4-trillion-by-2050-2022-04-19/
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People in the new LCS organization have no idea what they are doing. Blind leading the blind.
I smell hype for the earrings call based on pure BS.
I'll be paying $1M for a carton of eggs in 2050.
Nice try.
For the sake of all my former colleagues (and the environment) I hope EM can figure out how to scale up CCS. I am still very cautious to jump on the bandwagon since I can't find any reports about how we're actually planning to efficiently pull CO2 from the air... hopefully it's not just marketing and media hype (cough cough algae).
Yes, perhaps. I have read some articles; it looks interesting. We will see.