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Google Announces Gas-fired Broadwing Energy Project with CCS

LCG, October 23, 2025--Google announced today a first-of-its kind agreement to support a natural gas-fired power plant with carbon capture and storage (CCS). The 400-MW Broadwing Energy power project, located in Decatur, Illinois, will capture and permanently store its carbon dioxide (CO2) emissions. By agreeing to buy most of the power it generates, Google is helping get this new, baseload power source built and connected to the regional grid that supports our data centers.

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EPA Issues Class VI Well Permits to ExxonMobil for Carbon Capture and Storage Project in Texas

LCG, October 21, 2025--The U.S. Environmental Protection Agency (EPA) today issued three final Underground Injection Control (UIC) Class VI permits to ExxonMobil for their Rose Carbon Capture and Storage (CCS) Project located in Jefferson County, Texas. Under the Safe Drinking Water Act, these permits allow ExxonMobil to convert three existing test wells permitted by the state to carbon dioxide (CO2) storage injection wells for long-term storage.

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Industry News

'Analysts' Take Heat for Enron Buy Recommendations

LCG, Dec. 7, 2001--The U.S. Securities and Exchange Commission, which is already investigating the financial reporting of Enron Corp., now wants to take a look at securities analysts who kept recommending Enron's stock as a "buy" even as the company nosedived into bankruptcy.

Laura Unger, an SEC commissioner, said yesterday in an interview on CNBC television "What concerns me more is hearing that analysts still continued the strong buy recommendation as recently as in the last couple of weeks when it was at 90 cents."

Unger also took aim at Enron's auditors, the accounting firm of Arthur Andersen. "The accounting firm that had been the auditor for Enron for 10 years didn't seem to understand and of course that's an open issue," she said.

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