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Exxon to Buy Denbury for $4.9 Billion in Pipeline Push
Bloomberg Businessweek
ExxonMobil's Carbon Capture Deal Could Help the Company Fight Climate Change
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Carbon capture has had a very long history of failure. Exxon is really hoping that this acquisition will help them get it right this time. They've already committed about $17 billion over the next four years to decarbonize their own stuff, as well as other company stuff. So the idea is that they're going to be making a lot of money on this in the future.
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