Understanding and quantifying the economic growth and emissions reduction benefits of industrial decarbonisation to the Houston region.
Understanding and quantifying the economic growth and emissions reduction benefits of industrial decarbonisation to the Houston region.
View insights | Capturing the benefits of industrial decarbonisation for Houston and beyond
The energy transition is well underway and represents an enormous opportunity for economic growth and emissions reductions worldwide. This report identifies the double benefits the Houston region could experience through a concerted effort to decarbonize existing industrial activity and presents an outline for other jurisdictions to follow.
This paper identifies four primary pathways for achieving emissions reduction in the Houston region — electrification, energy efficiency measures, hydrogen utilisation, and carbon capture and storage (CCS) — between 2025 and 2050. Three scenarios — a business-as-usual case, a selective investment scenario reflecting economic limitations on the cost of carbon abatement measures, and a net-zero scenario — compare the potential impacts of emissions reductions and job creation potential with a focus on 2030 and 2050 forecasts.
In the best-case scenario, Houston and the surrounding regions could see more than 21,000 jobs created annually up to 2050 while achieving net zero carbon emissions from industry.
View insights | Capturing the benefits of industrial decarbonisation for Houston and beyond
Mission Possible Partnership | MPP
Mission Possible Partnership (MPP) is an independent non-profit organisation advancing global clean industry transformation. Since 2019, we have been working with some of the most energy-intensive industries: aluminium, aviation, cement, chemicals, shipping and steel, to cut their nearly 25% of global GHG emissions.
We mobilise business, finance, government and civil society leaders to speed up the shift to clean materials, chemicals and fuels. Having charted sectoral pathways to net-zero, we continue to forge new territory, lifting the barriers to enable a critical mass of clean industrial projects to break ground by 2030.
Industrial Transition Accelerator | ITA
The ITA is a global multi-stakeholder platform -managed by Mission Possible Partnership – to fast-track decarbonisation across heavy-emitting industry and transport sectors. It aims to significantly grow the pipeline of commercial-scale, clean industrial projects to reduce emissions by 2030.
Build Clean Now | BCN
Build Clean Now is a global campaign bringing together governments, companies and finance to accelerate the pace at which clean industrial projects are financed and built, year-on-year. It is led by the Industrial Transition Accelerator (ITA) and Mission Possible Partnership (MPP).
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