Can These Oil Companies Be Carbon Neutral?
If only we could use oil without the side effects of carbon emissions, that would be quite the thing wouldn't it? Well, there are a couple of oil companies that are at least making an attempt. One company that stands out among those making token efforts is Denbury Resources . The company has been rather innovative by piping CO2 emissions from factories and refineries to inject into wells for enhanced oil recovery. Not only does this technique lower overall carbon emissions, but it also creates a demand for something we once considered a byproduct of using hydrocarbons.
Can Denbury and others actually be carbon neutral using this technique? Tune into the video below where Fool.com contributors Tyler Crowe and Aimee Duffy tackle this topic.
The search for oil and gas is getting more and more creative, and to accomplish these increasingly complex methods we need more and more equipment support. There is one behind-the-scenes energy giant that is at the very center of this need, and our analysts have put together a comprehensive report outlying this company's prospoects. Let us help you discover this little known energy giant by checking out "The Only Energy Stock You'll Ever Need." By simply clicking here, we'll give you free access to this valuable report.
The article Can These Oil Companies Be Carbon Neutral? originally appeared on Fool.com.Fool contributor Aimee Duffy has no position in any stocks mentioned. Fool contributor Tyler Crowe has no position in any stocks mentioned. You can follow them both on Twitter @TMFDuffy and @TylerCroweFool, respectively. The Motley Fool recommends Kinder Morgan. The Motley Fool owns shares of Denbury Resources and Kinder Morgan. 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.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.