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Supporting lower-emission efforts with sound policy

RJ Hamster

Supporting lower-emission efforts with sound policy

by

1.25.2022

Policy’s role in a lower-emission future

Finding the next scalable technology is only part of the solution to lowering emissions and meeting the Paris Agreement goals. Sound, transparent policy is also needed, and here’s a look at why that can support the broad deployment of existing solutions.

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Lowering greenhouse gas emissions begins at home

As part of our overall corporate strategy, we are aiming to achieve company-wide net-zero emissions (Scope 1 & 2) by 2050. Our Advancing Climate Solutions report shows how we are developing specific roadmaps for major assets, with tangible steps to be taken to reduce Scope 1 and 2 emissions across all of our operated assets.

Carbon capture and storage in Houston

Momentum continues to grow for large-scale carbon capture and storage in Houston. We are thrilled to see Air Liquide, BASF and Shell join the efforts to help capture and safely store approximately 100 million metric tons of CO₂ emissions per year by 2040, significantly reducing emissions in the Houston industrial area.

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