Currents - Energy Industry Insights: Issue 29, July 2020

Spilman Thomas & Battle, PLLC

ExxonMobil, Partners Discover Carbon Capture Technology for Industrial Sources -

"A possible breakthrough in technology that could capture more than 90% of carbon dioxide emitted from industrial sources has been announced from scientists at ExxonMobil, University of California, Berkeley and Lawrence Berkeley National Laboratory."

Why this is important: Users of fossil fuels would remove the greatest impediment to their use if they could eliminate or greatly reduce carbon dioxide emissions. Cost of removing CO2 has been the biggest roadblock so far. ExxonMobil, UC-Berkeley and Lawrence Livermore Labs announced that they have developed a material that is much more effective at removing CO2 from smokestacks under a variety of conditions, potentially reducing costs and moving carbon capture closer to a reality....

Please see full Newsletter below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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