Cumulative Carbon Management Opportunity in Texas through 2050
Cumulative view through 2050 of investments (capital cost of projects), financial benefits (tax credits and GDP impact), and jobs, Assumes a maximum of 50% of economically capturable emissions in Texas through 2050. Limited uptake assumes a 5% capture of carbon dioxide through 2050, moderate adoption assumes a 25% capture of carbon dioxide through 2050, and widespread integration assumes a 50% capture of carbon dioxide emissions.
Source: EPA; National Petroleum Council; University of Houston; University of Texas Austin; RMI Analysis