Exxon Mobil Open to Partnering on Carbon Capture, CEO Says

The video discusses the challenges and opportunities in carbon capture investment, focusing on technology, policy, and market demand. It highlights the need for cost reduction, supportive government policies, and the growing demand for carbon offsets. The potential for partnerships and investment in the low carbon solutions sector is explored, emphasizing the importance of collaboration and leveraging capabilities to reduce atmospheric carbon.

What is one of the main challenges in making carbon capture technology more widely deployable?

• High cost and need for concentrated CO2 sources

• Limited government interest

• Insufficient renewable energy sources

• Lack of public awareness

Which factor is crucial for incentivizing investments in carbon capture technology?

• Reduction in fossil fuel usage

• Availability of solar energy

• Public protests

• Transparent and explicit price on carbon

How has the growth in venture funds for climate tech compared to average venture fund growth?

• It has been slower

• It has been ten times faster

• It has been about the same

• It has been five times faster

What sectors are identified as having significant opportunities for additional investment in carbon capture?

• Tourism and hospitality

• Agriculture and retail

• Power generation and industrial sectors

• Healthcare and education

When was the low carbon solutions business established?

• March 1st

• February 1st

• April 1st

• January 1st