Capture and store CO2 in Houston
Carbon capture and storage could help the city of Houston meet its climate leadership aspirations and achieve its goal of becoming carbon neutral by 2050. ExxonMobil is one of several companies collaborating on a carbon capture and storage plan that could effectively decarbonize major industrial areas like the Houston Ship Channel.
The Houston industrial area is ideally suited for deploying CCS technology on a large scale, due to the large concentration of industrial emissions that are near expansive underground geological formations along the Gulf of Mexico coast and under the seabed. According to ExxonMobil’s analysis of U.S. Department of Energy estimates, these formations could hold about 500 billion metric tons of CO2.