Exxon Mobil : 11 trillion elephants, and other answers on CO2 storage

Carbon capture

Viewpoints Sept. 19, 2023

Prasanna Joshi

Vice President, ExxonMobil Low Carbon Solutions

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11 trillion elephants, and other answers on CO₂ storage

Prasanna Joshi

Vice President, ExxonMobil Low Carbon Solutions

Viewpoints Sept. 19, 2023

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In my work, and even among friends and family, I get a lot of questions about carbon capture and storage - particularly the "storage" part.

Most people understand why we want to capture carbon dioxide (CO₂) emissions before they reach the atmosphere, where they can contribute to climate change. But they often don't understand how or where the CO₂ is stored.

I'd like to address some of the most common questions I hear - and clear up some misperceptions I think are out there.

What happens to the captured CO₂? After it's been captured from a power plant or industrial source, the CO₂ is compressed, transported (usually via pipeline), and injected into storage deep underground.

Where is the CO₂ stored? One option is where we got oil and natural gas from in the first place: the microscopic holes in rock formations thousands of feet below ground; the space the oil and gas occupied can be refilled with CO₂. But the biggest potential storage capacity is actually in saline formations - porous rocks deep underground that hold undrinkable water. They're found all over the world, and if located close to an emissions source, they can reduce the cost of transporting the captured CO₂.

Is there enough capacity? More than enough. The International Energy Agency (IEA) and other renowned experts estimate there's enough storage capacity worldwide to hold upwards of 55,000 gigatons. To help visualize how big that number is, consider that one gigaton is a unit of mass roughly equivalent to 200 million elephants. So we're talking about storage equivalent to 11 trillion elephants.

Source: International Energy Agency

Is it safe? Yes, and we've being doing it for decades. Storage sites are carefully selected only after rigorous analysis to ensure they're geologically suitable. Once injected, the CO₂ is capped by an impermeable seal of rock to prevent any potential leakage. The storage sites are thousands of feet underground, far below drinking water supplies, and they're constantly monitored for any potential changes.

What else can be done with CO₂? Once captured, some CO₂ can be utilized instead of stored - which is why you sometimes hear the term "carbon capture, utilization, and storage," or CCUS for short. One common use today is enhanced oil recovery. Some more innovative options are being developed - such as using CO₂ to make eFuels, or turning it into a mineral for use in building materials or industrial processes. But for now, these options are still at a very small scale - and a very high cost.

ExxonMobil is a global leader in carbon capture and storage, or CCS: We have more than 30 years' experience and have captured more man-made CO₂ than any other company.

And we're scaling up even further. We've announced several CCS projects, including one at our Baytown complex and ones for CF Industries, Linde and Nucor. In fact, the total CO₂ we've agreed to transport and store for our customers has reached 5 million metric tons per year. That's equivalent to replacing about 2 million gasoline-powered cars with electric vehicles, which is roughly equal to the total number of EVs on U.S. roads today.

But we'll need to scale up carbon capture and storage much more if we're going to meet the world's climate goals, because it's one of the few options for significantly reducing emissions from the heaviest-emitting sectors: power generation, commercial transportation, and heavy industries like steel and cement.

As the IEA says, carbon capture and storage "will need to be a key pillar in successful clean energy transitions."

Have more questions? Check out these FAQs from the U.S. National Energy Technology Laboratory or this IEA report, which contains more details about capacity and safety, and has some great charts.

Prasanna Joshi is vice president for ExxonMobil Low Carbon Solutions technologies.

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