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Exxon sees carbon capture market at $4 trillion by 2050

Exxon Mobil Corp. estimates there will be a $4 trillion market by 2050 for capturing carbon dioxide and storing it underground, the company said in a presentation on Tuesday. That is about 60% of the $6.5 trillion market the U.S. largest crude producer estimates for oil and gas by then.

McCoy Provides Relevant Market Estimates


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