As the energy industry continues to focus heavily on carbon capture and storage (CCS) technologies, 11 major players including Chevron, Linde and ExxonMobil have expressed interest in supporting the large-scale deployment of CCS technology in Houston, USA.
By deploying CCS measures in ‘one of the largest concentrated sources’ of carbon dioxide (CO2) it may be possible for nearly 75 million metric tonnes of CO2 to be captured and stored by 2040, supporting the city’s goal to become carbon neutral by 2050.
The development could incentivise further investment in the technology, resulting in thousands of new jobs and the potential for cheaper methods of reducing emissions.
Expressing his excitement at the city’s industry collaborating to achieve its net zero goals, Sylvester Turner, Mayor, said that Houston is reimagining what it means to be the energy capital of the world.
... to continue reading you must be subscribed
