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Climeworks reveals plans for Calcasieu Parish DAC hub

Direct air capture technology developer Climeworks announced plans last week to build a facility in Calcasieu Parish as part of the Project Cypress DAC...

What Morgan Stanley’s investment in carbon capture means for Louisiana

Investment banking giant Morgan Stanley has struck a deal that aims to remove 40,000 tons of carbon dioxide from the atmosphere, Axios reports. Morgan Stanley is investing...

FUEL announces grants for clean energy entrepreneurs

The Future Use of Energy in Louisiana partnership, launched earlier this year, announced Monday that it would offer grants to help entrepreneurs prove their...

ExxonMobil acquires 271,000 acres for offshore carbon capture

ExxonMobil said last week that it had acquired state leases for over 271,000 acres in Texas state waters for an offshore carbon dioxide (CO2)...

This local tech company is developing carbon capture software

Codegig, a technology company based in the Nexus Louisiana Tech Park, is preparing to test its carbon capture software in Louisiana. The software will...

Here’s why Louisiana is positioned to be a CCUS leader

Carbon capture, utilization and storage has emerged in recent years as one of the key components of the U.S. energy transition, and Louisiana is...

Bank of America is betting on carbon capture

Carbon capture is getting a boost from a landmark tax-credit deal with Bank of America that is one of the largest-ever investments in the...

How to tax the carbon capture and storage industry is sparking debate

Louisiana parish officials disputed current tax assessments for the carbon capture and storage industry during a hearing this week, The Center Square reports. The Louisiana Tax Commission...

ExxonMobil, CF Industries ink carbon capture deal

ExxonMobil has signed its fourth carbon capture and storage (CCS) agreement with CF Industries in Yazoo City, Miss., reports World Oil. The project aims...

Institute for Energy Innovation webinar to give update on Lake Maurepas carbon storage risk

The LSU Institute for Energy Innovation is hosting a webinar on July 25 to review progress on one of its independent research projects on...

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