21 April 2021 11:51 GMT Updated 21 April 2021 11:51 GMT in Houston US supermajor ExxonMobil has proposed to establish a carbon capture and storage(CCS) hub for the industrial area along the Houston Ship Channel, requiring a combined investment of $100 billion or more. ENERGY EXPLORED: SUBSCRIBE TO ACCELERATE Gain valuable insight into the global oil and gas industry's energy transition from The hub, or “Innovation Zone”, would bring together all levels of government, academia, and the private sector to create a multi-user CCS system, aiming to “effectively capture all the carbon dioxide emissions from the petrochemical, manufacturing, and power generation facilities” in the area, said Joe Blommaert, president of ExxonMobil’s new low-carbon business, in a 19 April blog post.