Carbon capture and storage

Exxon Mobil, Global Thermostat Widen Carbon-Capture Venture

The oil major said it will now work with Global Thermostat on technology that would remove carbon dioxide directly from the air.

ExxonMobil logo displayed on a screen
ExxonMobil said it has expanded its agreement to work with Global Thermostat on technology that would remove carbon dioxide directly from the air.
Credit: Richard Drew/AP.

Exxon Mobil is expanding its venture with carbon Global Thermostat to develop carbon capture technology to reduce fossil fuel emissions.

The oil major said it will now work with Global Thermostat on technology that would remove carbon dioxide directly from the air. The oil giant began working with the New York carbon capture company last year to scale up Global Thermostat’s carbon capture technology.

“Our work with Global Thermostat has shown promising signs in the development of direct air capture technologies that could be brought to scale,” Vijay Swarup, Exxon Mobil’s vice president of research and development, said in a statement. “We look forward to seeing how new materials might accelerate this potential, while also continuing our research that captures CO2 from power-generation facilities.”

Global Thermostat’s carbon capture technology uses proprietary filters to remove carbon dioxide from the air and store it underground or use it to make chemicals, consumer products, or construction materials.

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