COP28: Exxon Mobil CEO rebuffs IEA criticism of carbon capture strategy

COP28: Exxon Mobil CEO rebuffs IEA criticism of carbon capture strategy

DUBAI: Exxon Mobil CEO Darren Woods on Saturday rejected the International Energy Agency‘s recent claim that using wide-scale carbon capture to fight climate change was an implausible “illusion”, saying the same could be said about electric vehicles and solar energy. “There is no solution set out there today that is at the scale to solve … Read more

Exxon Mobil Plans Domestic Production Of Lithium In The U.S.

Exxon Mobil Plans Domestic Production Of Lithium In The U.S.

Exxon Mobil plans to begin domestic production of lithium which could soon supply EVs that are “Made in America,” right down to the lithium used in their batteries. That would make them eligible for more money in federal EV tax credits, but the point of domestic production is mostly to lessen dependence on China and … Read more