Greg Hilburn | Lafayette Daily Advertiser
Louisiana has become the carbon capture capital of the South, propelled by federal funding promoting carbon dioxide sequestration technology, a governor focused on reducing climate-changing emissions and the geological formations to make it all possible.
During the past year the combination of those factors has led to $6.1 billion in announced carbon capture projects promising hundreds of new permanent jobs and thousands of construction jobs in Louisiana.
“We’re a natural fit for it,” Democratic Gov. John Bel Edwards said in an interview with USA Today Network. “This is where capital investment is going to continue to flow.”
On April 11 the electric utility Cleco announced the latest such project in Louisiana, a $900 million plan to capture and store underground 95% of the carbon released from its coal-fueled plan near Boyce.
That follows the April 2021 announcement of Louisiana Green Fuels’ $700 million biodiesel and carbon capture project at the Port of Columbia and the October 2021 announcement of Air Products’ $4.5 billion “blue hydrogen” carbon capture complex in Ascension Parish.
Louisiana Green Fuels said its plan is the first renewable diesel project in North America to achieve “negative” carbon emissions, while the Air Products complex will be the largest carbon capture project in the world.
Last summer Republican U.S. Sen. Bill Cassidy said he insisted on $8.6 billion for carbon capture technology and hubs be included in the $1.2 trillion … Continue Reading Full Story >>>