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ExxonMobil cancels CO2 pipeline project due to government policy uncertainty and local opposition.
ExxonMobil has canceled its plan to build a CO2 pipeline from its Fawley refinery to a storage site under the English Channel, citing uncertainty in government policy as the main reason.
The project faced significant opposition, including a petition against it and a unanimous vote from the Isle of Wight Council.
Local MPs welcomed the decision, and ExxonMobil will continue exploring other emission reduction solutions while maintaining its economic contributions.
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ExxonMobil cancela el proyecto de gasoducto de CO2 debido a la incertidumbre de las políticas gubernamentales y la oposición local.