The U.S. oil executive making a big bet on combating climate change

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By Liz Hampton (Reuters) – The chief executive of a small U.S. oil company has jumped to the forefront of the energy industry’s greenhouse gas reduction efforts, recruiting high-profile firms to his vision of striking it big by selling access to carbon storage developments. Tim Duncan, the founder of Talos Energy Inc, a decade-old offshore oil firm with fewer than 450 employees, has pulled together partners at four U.S. sites to compete against multi-billion dollar projects from Exxon Mobil Corp and Occidental Petroleum Corp. These alliances have made Duncan’s company one of the largest potent…

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