It has been a bipolar year for Louisiana’s industrial complex. The elation over a tsunami of new investments, lower tax rates and softening regulations has been dampened in many ways by ever-changing tariffs, consistently high interest rates and across-the-board inflation. That’s causing the price tags of many of
Louisiana has more proposed carbon capture and sequestration projects than any other state, according to a new analysis of federal government data that’s prompting outcry from environmental groups concerned the expansion is outpacing safety. The Environmental Integrity Project took data from the Environmental Protection Agency, the Louisiana Department of
* Developed by CapturePoint Solutions, LLC. * Involves deep geologic storage of captured carbon dioxide in saline formations. * Target formations: Eocene Sparta and Paleocene Upper and Lower Wilcox. * Each formation is capped by thick, secure confining layers (200–800 feet thick). * The first injection of CO₂ was projected for 2024, pending final
Project Overview * Primary Projects: Central Louisiana Regional Carbon Storage Hub (Vernon Parish One CCS Site); Denbury Draco Sequestration Hub * Operators: CapturePoint Solutions, LLC; Denbury Carbon Solutions * Scale: Projects aim to inject and sequester millions of metric tons of CO2 annually, with long-term plans exceeding 140 million metric tons over 20–