Biden Course Corrects on Hydrogen & Carbon Capture & Sequestration
A stable and supportive governmental view of the value of CCS is believed by many to be critical to the development of this new industry, so this change in the administration’s view is significant. In fact, just days before the president’s announcement, ExxonMobil announced, in a blog post on its energyfactor website, a $100 billion dollar collective effort involving both industry and government to build a CCS hub in the Houston area.
