Exxon and FuelCell to Study Capturing Carbon Emissions
Source: Associated Press
Exxon and FuelCell to Study Capturing Carbon Emissions
By THE ASSOCIATED PRESS
May 5, 2016, 12:14 PM ET
Exxon and FuelCell Energy will jointly develop technology to reduce the cost of capturing carbon emissions from power plants.
Shares of FuelCell jumped 8 Thursday.
The companies will pursue technology that uses carbonate fuel cells to generate power while capturing carbon dioxide, which scientists say is the most prevalent greenhouse gas responsible for climate change.
Exxon's vice president for research and development, Vijay Swarup, says developing technology to clean up power plants is part of Exxon's strategy to help limit climate change
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Read more: http://abcnews.go.com/Technology/wireStory/exxon-fuelcell-study-capturing-carbon-emissions-38901516
