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Houston Chronicle:

Exxon Mobil will build one of the world’s largest carbon capture and storage projects, as well as a new hydrogen production plant, at its refining and petrochemical site in Baytown.

Though the company made the announcement Tuesday, some details are still unkown, such as a timeline and cost. Officials also are still deciding where they will inject the carbon dioxide into geologic formations beneath the Texas coast, said Ed Graham, vice president of ventures for ExxonMobil Low Carbon Solutions.

The goal is for the project to transport and store up to 10 million metric tons of carbon dioxide a year, which would make it the largest project of its type in the United States, according to business data company Statista.

[Shelby Webb]

More: Exxon plans to build nation’s largest carbon capture project in Baytown

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