Global CLIMATE SOLUTIONS Carbon capture and storage in Houston ExxonMobil is one of several companies that have expressed interest in advancing carbon capture and storage technology in the Houston industrial area. Blog: The promise of CCS Houston CCS schematic CCS thought leadership Low Carbon Solutions announcement Keys to CCS policy Carbon capture and storage in Houston CLIMATE SOLUTIONS Carbon capture technology is proven Carbon capture and storage (CCS) is one of the few proven technologies that could enable some of the highest-emitting sectors to significantly reduce their emissions, such as manufacturing and heavy industry. For the past few years, we’ve been studying the approach of multi-user CCS zones in major industrial areas that are located near safe underground geologic storage sites. 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. What is the potential for CCS in Houston? What opportunity does CCS present? What are the potential environmental and economic benefits for 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. Fully implementing CCS in the Houston industrial area has the potential to capture and store: 1. U.S. EPA greenhouse gas equivalences calculator. 2. Global CCS Institute. Data updated as of April 2020. 7x 100M ~120M 1 in every 12 What is needed to advance CCS technology? 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. Joe Blommaert President, ExxonMobil Low Carbon Solutions Learn more Climate Energy & Carbon Summary Sustainability Sustainability report Emissions and Climate Emissions and climate Careers Newsroom Investors Contact us Energy Factor Do not sell my personal information Privacy center Privacy policy Terms and conditions © Copyright 2003-2021 Exxon Mobil Corporation. All Rights Reserved. By clicking “Accept all cookies”, you agree to the storing of optional cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. If you wish to adjust your cookie settings, please click “Customize Cookies”. You can also learn more by clicking Privacy Policy Accept all cookies Customize cookies