[bushwik]

Carbon is definitely not the new oil. My hope is that carbon becomes the feedstock of the future (with a long way to go).

Exxon is an easy target in this but there are many other companies and industries that are working towards carbon capture.

I'm working with ethanol producers, co2 utilization companies, direct air capture, and other capture technology companies to move the carbon management industry forward. Exxon will be a player but not THE player in carbon management.

The article fails to mention that Denbury has several Class VI well permits (these are the wells where CO2 is injected) in areas near Denbury pipelines. Everyone will talk about the Gulf Coast as the strategic reason but Denbury's pipeline in Wyoming will be key to advancing the industry since Wyoming and North Dakota have authority over the Class VI wells today. I've heard estimates of 40 million tons of CO2 storage capacity in one of the Wyoming projects (that's just one of several projects).

Disclosure: I monitor carbon management at https://decarbonfuse.com by tracking the ccus, dac, and beccs projects in North America.