{"id":411433,"date":"2021-04-22T09:12:23","date_gmt":"2021-04-22T03:42:23","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=411433"},"modified":"2021-04-22T10:18:39","modified_gmt":"2021-04-22T04:48:39","slug":"exxon-floats-100-billion-carbon-storage-project-requiring-public-private-financing","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/exxon-floats-100-billion-carbon-storage-project-requiring-public-private-financing\/","title":{"rendered":"Exxon floats $100 billion carbon storage project requiring public, private financing"},"content":{"rendered":"<p>Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from US petrochemical plants and bury them deep under the Gulf of Mexico. <\/p>\n<p>The plan would require &#8220;$100 billion or more&#8221; from companies and government agencies to store 50 million metric tons of CO2 by 2030, with capacity potentially doubling by 2040, Joe Blommaert, president of Exxon&#8217;s Low Carbon Solutions business, said in an interview. <\/p>\n<p>Blommaert outlined the plan on Monday, about two months after the largest US oil producer appointed him to run a new Low Carbon Solutions business that could profit from selling carbon-reduction technology and services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Exxon Mobil on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from US petrochemical plants and bury them deep under the Gulf of Mexico. The plan would require &#8220;$100 billion or more&#8221; from companies and government agencies to store 50 million metric tons of CO2 by 2030, with capacity potentially doubling by 2040, Joe Blommaert, president of Exxon&#8217;s Low Carbon Solutions business, said in an interview. Blommaert outlined the plan on Monday, about two months after the largest US oil producer appointed him to run a new Low Carbon Solutions business [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-411433","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=411433"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/411433\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=411433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=411433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=411433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}