Low Carbon Solutions
Low Carbon Solutions focus on commercializing lower emission business opportunities in carbon capture and storage, hydrogen, and lower-emission fuels. They are implemented by leveraging the skills, knowledge, and scale of ExxonMobil. The company has more than 30 years of experience capturing CO2 and has cumulatively captured more anthropogenic CO2 than any other company.
Lower-carbon technologies, like biofuels, hydrogen-based fuels, and carbon capture and storage (CCS), are crucial for sectors hard to decarbonize, along with wind and solar power. These solutions are pivotal for the energy transition, with their implementation speed depending on policy support, technological progress, and infrastructure development.