Hydrogen and CCS can help decarbonize industries
CCS is a proven technology that captures carbon before it’s emitted into the atmosphere. CCS can help hard to abate industries, like steel production, cut their CO2 and remain competitive in an increasingly decarbonized world. Policy can help scale CCS projects.
The US is home to several states that have the geology to store carbon dioxide in a safe, secure and effective way. bp actively participated in a National Petroleum Council study, that noted the US as having “one of the largest assessed CO2 geologic storage” capacities.
Low carbon hydrogen is an essential complement to electrification of global energy systems. Hydrogen can provide the energy high-heat industries need to operate, and emits only water when combusted. The technology is advancing every day, but switching to hydrogen – whether for long-haul trucking or industrial hubs – will take major investments in infrastructure and consumer buy-in. That’s where policy can help.
We’ve been working at the local, state and federal level, actively advocating for the passage of policies that support growth for hydrogen, carbon capture and storage (CCS).
In 2024, bp and the Midwest Alliance for Clean Hydrogen – known as the MachH2 coalition – signed an agreement with the US Department of Energy for a $1 billion federal award to help fund development of a regional low-carbon hydrogen hub in the Midwest.