Houston's Energy Sector Embraces Carbon Capture Technology to Combat Climate Change

The city of Houston is poised to play a significant role in the fight against climate change, thanks to the efforts of 11 major companies operating in the energy sector. These companies have come together to implement carbon capture and storage (CCS) technology at their facilities, with the potential to reduce CO2 emissions by nearly 75 million metric tons per year by 2040.

As the energy capital of the world, Houston is home to some of the brightest scientific and technical minds in the industry. With CCS technology, these experts are working together to achieve a lower-carbon future. 'Carbon capture is a bridge to the energy future,' said Heath DePriest, Vice President of Emerging Energy at Phillips 66.

The 11 companies - Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66, and Valero - are planning to use CCS technology at facilities that generate electricity and manufacture everyday products such as plastics, motor fuels, and packaging. By doing so, they aim to address industrial CO2 emissions in one of the largest concentrated sources in the United States.

Collectively, these companies have agreed to begin discussing plans that could lead to capturing and safely storing up to 50 million metric tons of CO2 per year by 2030 and about 100 million metric tons by 2040. Phillips 66 is among the companies that have expressed interest in supporting the large-scale deployment of CCS technology in Houston.

The implementation of CCS technology has the potential to not only reduce emissions but also create jobs, stimulate economic growth, and position Houston as a leader in the development of clean energy solutions. As the city continues to evolve and adapt to the challenges of climate change, it is clear that its energy sector will play a vital role in shaping a sustainable future.

By working together and embracing innovative technologies like CCS, Houston can cement its status as the past, present, and future energy capital of the world while contributing to a cleaner, healthier environment for generations to come.

Houston carbon capture companies