Calpine, exxonmobil sign co2 transportation and storage agreement for power generation project

Spring, texas--(business wire)--exxon mobil corporation (nyse: xom) announced an agreement with calpine corporation, the nation's largest producer of electricity from natural gas, to transport and permanently store up to 2 million metric tons per annum (mta) of co2 from calpine's baytown energy center, a cogeneration facility near houston. this is part of calpine's baytown carbon capture and storage (ccs) project that is designed to capture the facility's co2 emissions, enabling the 24/7 supply.
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