Carbon capture and storage: A Texas-sized plan
ExxonMobil is one of a number of companies collaborating on a carbon capture and storage plan that could effectively decarbonize major industrial areas like Houston.
Carbon capture technology is proven
What is the Houston CCS hub plan?ExxonMobil and a number other participating companies in the greater Houston area plan to develop a CCS hub that could capture CO2 emissions from the area’s petrochemical, manufacturing and power generation plants. The CO2 would then be stored in deep subsurface geologic formations.
What opportunity does a Houston CCS hub offer?CCS could enable the U.S. to safely capture and store hundreds of millions of metric tons of CO2 each year from industrial facilities that otherwise would go into the atmosphere.
What are the environmental and economic benefits to Houston?In addition to creating thousands of new jobs, the energy capital of the world could become the carbon capture and storage capital of the world. With appropriate government, industry and community backing the Houston CCS Hub could safely capture and permanently store about 50 million metric tons of CO2 annually by 2030 and double that by 2050, moving Houston toward its goal of becoming carbon-neutral by 2050.
The Houston CCS hub could help the city of Houston meet its climate leadership aspirations and achieve its goal of becoming carbon neutral by 2050.
The Houston CCS Hub plan has the potential to capture and store:
2. Global CCS Institute. Data updated as of April 2020.
More than 7x the amount of carbon currently being captured across the U.S.2
100M metric tons of CO2 a year by 2040
Equal to the CO2 sequestered by ~120 million acres of forest1
Equal to the emissions from the total number of cars in Texas, New York, and Florida combined
What is needed to make a CCS hub operational?
CCS could enable the United States to safely capture and store hundreds of millions of metric tons of CO2 each year that otherwise would be released into the atmosphere.