Key points: "Carbon management is becoming increasingly popular with oil companies, since it plays to their know-how in trading, transporting, and storing mole

Key points: "Carbon management is becoming increasingly popular with oil companies, since it plays to their know-how in trading, transporting, and storing molecules (as opposed to electrons from renewable energy, which are an entirely different business). ... It also allows Exxon to tap one of the most lucrative tax credits in the Inflation Reduction Act: $85 per ton of CO2 that is permanently stored underground. "