ExxonMobil is a leader in studying the capture of carbon dioxide before it is released into the atmosphere. It has a working interest in over a third of the world’s existing carbon-capture-and-storage capacity.
Since 1996, ExxonMobil and its partners have been capturing and sequestering carbon dioxide at the Sleipner gas field in Norway. In 2014, it captured more than six million metric tons of carbon dioxide for storage (the equivalent of eliminating the annual carbon emission of one million cars).
The Gorgon Gas Project (picture above), off the western coast of Australia, will include one of the largest commercial-scale carbon-capture-and-storage projects ever. An estimated 100 million metric tons of carbon dioxide will be captured over Gorgon’s lifespan.
ExxonMobil is also working to use fuel cells to separate carbon dioxide from the exhaust stream of power plants, making it easier to capture the gas and pipe it underground.