Is This Oil Company Pioneering a Carbon Sequestration Movement?
Reducing our CO2 emissions by using carbon sequestration is an idea that has been floating around for some time. The reason it has not yet caught on is because most companies didn't have a financial incentive to do it. This situation looks like it could be changing. In order to employ its CO2-enhanced oil recovery methods, Denbury Resources requires a lot of the greenhouse gas. With its underground CO2 sources starting to dwindle, the company has gotten creative with factory emissions.
If Denbury can make this idea work, it could be a big step forward in making carbon sequestration possible. In this video, Fool.com contributor Tyler Crowe looks at how Denbury is making it work and what kind of environmental impact this could have.
There are many different ways to play the energy sector, and The Motley Fool's analysts have uncovered an under-the-radar company that's dominating its industry. This company is a leading provider of equipment and components used in drilling and production operations, and poised to profit in a big way from it. To get the name and detailed analysis of this company that will prosper for years to come, check out the special free report: "The Only Energy Stock You'll Ever Need." Don't miss out on this limited-time offer and your opportunity to discover this under-the-radar company before the market does. Click here to access your report -- it's totally free.
The article Is This Oil Company Pioneering a Carbon Sequestration Movement? originally appeared on Fool.com.Motley Fool contributor Tyler Crowe has no position in any stocks mentioned. The Motley Fool owns shares of Denbury Resources. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.