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Oil Industry Gears up to Tap U.S. Climate Bill for Carbon Capture Projects

Posted on the 16 August 2022 by Phil's Stock World @philstockworld

Aug 15 (Reuters) - Tax credits in the $430 billion U.S. climate and tax bill set to be signed into law this week will kickstart carbon sequestration projects, say oil and gas proponents, offsetting startup costs for some of the anti-pollution initiatives. Carbon capture and storage hubs that take ...

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