Carbon limits could keep oil flowing in Texas

06/10/2014 | Houston Chronicle (tiered subscription model)

Oil giants might just be able to make money off the EPA's new carbon emission limits, by injecting captured carbon dioxide into old oil wells. That would allow the sequestration of the carbon and could help wring more oil out of wells once presumed to be entirely depleted. "In an infinitely complex and creative world, this is how to deal with pollution: Set a standard and let the private sector work it out," writes Chris Tomlinson.

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