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Texas energy giants throw weight behind carbon capture and storage

The large-scale deployment of carbon capture and storage technology has gained wide industry support in Houston with 11 big energy players supporting the initiative. The 11 companies include Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero agreeing to scale the deployment of the technology at their facilities.

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Houston carbon storage project grows support

WASHINGTON — Eleven of Houston’s largest energy and chemical companies on Thursday will announce plans to create a large-scale carbon storage complex in the Houston area to serve the region’s massive industrial and petrochemical sectors.

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Momentum Accelerates for Houston Carbon Capture Hub

Eleven companies announced today that they are collaborating on a potential carbon capture and storage hub in Houston. Such a project could significantly boost Houston’s bid to lead the global energy transition and serve as a model for other such projects around the world.

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Carbon Capture and Storage Gains Wide Industry Support in Houston

HOUSTON, Texas – Eleven companies have expressed interest in supporting the large-scale deployment of carbon capture and storage (CCS) technology in Houston. Calpine, Chevron, Dow, ExxonMobil, INEOS, Linde, LyondellBasell, Marathon Petroleum, NRG Energy, Phillips 66 and Valero 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. The companies plan to help address industrial CO2 emissions in one of the largest concentrated sources in the United States. Collectively, the 11 companies are considering using CCS technology

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