A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. REUTERS/Sergio Moraes
Exxon Mobil (XOM.N) on Monday floated a proposal for a public-private carbon storage project that would collect planet-warming carbon dioxide emissions from U.S. petrochemical plants and bury them in deep under the Gulf of Mexico.
The plan would require “$100 billion or more” 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’s Low Carbon Solutions
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Recalling the encounter to CNN last week, Tenney said she asked Sullivan, “Why did you endorse someone who is against all the policies, who’s, like, voted for everything in New York that really was not really good for business, but was good for the trial bar, and it exposed many of us to liability?”
Sullivan handled it graciously, Tenney said, and didn’t seem surprised by the round of complaints. “He said ‘I kind of knew I was gonna get this,'” she said of the February meeting of Republican members of the House Small Business Committee.
For the Chamber, the … read more