ExxonMobil: extends partnership with Global Thermostat
(CercleFinance.com) - ExxonMobil announced on Monday that it has extended its partnership with Global Thermostat, a carbon dioxide capture specialist, after 12 months of technical testing.
The US oil giant says it made its decision after conducting a series of studies on the feasibility and scalability of Global Thermostat's technology, which consists of recovering carbon dioxide directly from the atmosphere.
ExxonMobil and Global Thermostat, a company created in 2010, concluded an agreement last year to capture greenhouse gas emissions from industrial sources, particularly at power plants.
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The US oil giant says it made its decision after conducting a series of studies on the feasibility and scalability of Global Thermostat's technology, which consists of recovering carbon dioxide directly from the atmosphere.
ExxonMobil and Global Thermostat, a company created in 2010, concluded an agreement last year to capture greenhouse gas emissions from industrial sources, particularly at power plants.
Copyright (c) 2020 CercleFinance.com. All rights reserved.