ExxonMobil said on May 5 that it was starting a new venture that could make carbon-dioxide capture a more economically attractive way to fight global warming.
ExxonMobil said its new agreement with FuelCell Energy Inc. aims to develop technology for capturing carbon-dioxide emissions from power plants using fuel cells.
The idea is that the fuel cells could generate the additional electricity needed for the carbon-capture process, eliminating at least part of what has been seen as a burdensome cost in the process.
"Carbon capture with carbonate fuel cells is a potential game-changer for affordably and efficiently concentrating carbon dioxide for large-scale gas and coal-fired power plants," said FuelCell Energy chief executive Chip Bottone.
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