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Forward-thinking companies shaping Louisiana’s future

Louisiana is emerging as a hub for innovation, with forward-thinking businesses spearheading environmental and technological advancements that promise to reshape the state’s future, reports...

LSU research well will enhance study of carbon storage technology

State, industry and LSU engineering officials gathered Friday afternoon to mark the start of a university-based carbon storage research well project to pinpoint ways...

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...

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