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As federal money flows to carbon capture and storage, Texas bets on an undersea bonanza

The state is awarding offshore leases to oil and gas companies that hope to bury heat-trapping carbon dioxide deep beneath the seafloor. But critics worry about leakage and the lackluster record of carbon capture facilities onshore.

Unused oil rigs sit in the Gulf of Mexico near Port Fourchon, Louisiana August 11, 2010.

The threat of leaks and explosions

A bid for state “primacy’’

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