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Corporate franchise tax would disappear under legislation approved by state lawmakers

Louisiana’s corporate franchise tax – which business lobbyists have been trying to kill for years – would be phased out under a bill given...

Restrictions on carbon capture quashed in Louisiana Legislature

A handful of Louisiana lawmakers brought bills this session to address public outcry over carbon capture and sequestration projects, but their fellow legislators rejected...

LSU faculty drafts CCUS report, submits to EPA

In response to numerous inquiries regarding the Inflation Reduction Act of 2022 and the 45Q tax credit, LSU faculty have collaborated on a brief...

LNG lobbyists ghost wrote Louisiana officials’ letters supporting gas storage project

In an effort to gain federal approval for a natural gas storage project in south Louisiana, Sempra LNG lobbyists crafted letters for Louisiana elected...

Air Products’ carbon capture PR blitz extends to Baton Rouge Rotary

Wells used to capture and store carbon produced in industrial processes don’t threaten freshwater aquifers and would be closely monitored for decades past their...

U.S. will replenish Strategic Petroleum Reserve in Texas, Louisiana this summer

The U.S. government may begin replenishing the Strategic Petroleum Reserve as early as in June, Reuters reports. Last week, U.S. Secretary of Energy Jennifer Granholm...
Oil tanks

Parishes could see larger oil and gas revenues if voters approve

Lawmakers advanced two proposed constitutional amendments last week that would give parish governments a larger share of oil and gas tax revenues if Louisiana...

Bill requiring industrial plants to install public air monitoring systems advances

A proposal to require industrial air monitoring to protect Louisiana residents from chemical air pollutants cleared an early obstacle in the state Legislature last...

Louisiana Republicans advance tax breaks for oil industry

Republican lawmakers abandoned their cautious approach to tax incentives last week and advanced a bill that would cost the state and parish governments millions...

SEC climate rules split companies into two camps

Regulators knew they were facing a political hornet’s nest when they launched a plan that would force businesses to disclose their carbon emissions and...

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