ExxonMobil calls for ‘stick policy’ to spur carbon capture growth in US

US supermajor argues tax on carbon emissions would be most efficient driver to encourage industry to get behind CCS

ExxonMobil chief executive Darren Woods speaks at the Milken Institute's Global Conference in Beverly Hills, California on 6 May 2024.
ExxonMobil chief executive Darren Woods speaks at the Milken Institute's Global Conference in Beverly Hills, California on 6 May 2024.Photo: AFP/SCANPIX
Published 8 May 2025, 18:26Updated 9 May 2025, 07:01
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