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Climate Change

Oil and chemical firms back Houston carbon-capture hub

by Craig Bettenhausen
September 24, 2021 | A version of this story appeared in Volume 99, Issue 35
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Most Popular in Environment

 

Eleven companies with major oil, gas, and chemical operations in Houston have agreed to work together on a carbon-capture project first proposed by ExxonMobil. The chemical firms Ineos, Dow, Linde, and LyondellBasell Industries will join oil and gas companies in an effort they say could store up to 50 million metric tons (t) of CO2 per year by 2030 and 100 million t by 2040. Analysts at the International Energy Agency say such multiparticipant hubs could shorten the timeline and lower the costs of implementing large-scale carbon capture.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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