Brendan Gibbons
/
July 23, 2026
Despite offshore risks, industry looks to Texas Gulf waters to dump carbon waste
With billions in taxpayer subsidies up for grabs, energy companies are looking to the bottom of the Gulf of Mexico as a dumping ground for carbon dioxide, despite facing more expenses and greater risks of leaks and blowouts than burying the pollutant onshore.Companies including ExxonMobil, Chevron, and Repsol have been scooping up hundreds of thousands of acres in the Gulf, including in state waters in Texas and Louisiana, for potential carbon waste injection sites. One recent study also contemplates burying pollution off the coasts of Delaware, Maryland, and New Jersey.