![]() ![]() ![]() That automatically means we are only seeing net new emissions,” said Logan Atkinson Burke, executive director of the Alliance for Affordable Energy, an energy consumer advocacy group.Īt least two projects in the state will retrofit existing facilities in the state, Cleco’s project to retrofit a portion of a power plant near Alexandria, and CF Industries has announced it will retrofit its ammonia facility in Ascension Parish to capture carbon dioxide. “What we aren’t seeing is announcements to retrofit refineries or existing ammonia facilities, or other petrochemical facilities. In Louisiana, however, one issue for opponents is that carbon capture is being proposed as a component of brand new facilities for ammonia, hydrogen and biomass, among others, with the products produced at those sites labelled by developers as “green” or “clean.” Modeling conducted by the International Energy Agency indicates carbon capture will be necessary to reach net zero by 2050, and backers of the technology say it’s a must for industries including steel, cement and chemicals, where there’s no good substitute for fossil fuels. – Jade Lewis, Center for International Environmental Law “It’s hard to imagine a future where we actually solve climate change without carbon capture,” said John Thompson, markets and technology director at the Clean Air Task Force, which supports carbon capture and tracks project announcements. “If we deploy this at scale, this technology can help us make serious headway toward our net zero emissions goals while we are still focused on deploying more clean energy at the same time,” she said. energy secretary, who talked up its potential in a press conference call about the new investment. The technology’s backers include Jennifer Granholm, the U.S. The law also allows the credit to be paid in cash to developers, which include companies or subsidiaries of Shell, ExxonMobil and Koch. Directly capturing the carbon from ambient air, like the projects announced this week, earns developers $180 a ton. The Inflation Reduction Act increased tax credits, called 45Q, to permanently store carbon from $50 per ton to $85 per ton. One oil company CEO said earlier this year that carbon capture will help “preserve our industry over time.” On Friday, the Department of Energy announced $1.2 billion investment in carbon capture projects in Louisiana and Texas.īiden administration directs $1.2B to carbon capture projects in Louisiana, TexasĮnvironmental justice advocates and other opponents of carbon capture and sequestration say the technology is environmentally and economically risky and encourages the status quo for fossil fuel companies. Some climate experts worry the focus on the technology will distract and undermine efforts to phase out fossil fuels.Ībout 30 carbon capture projects have been proposed in Louisiana - all of them spurred by federal subsidies and most supercharged with increased incentives in the Inflation Reduction Act intended to address global warming.Ī total of 170 projects have been announced nationwide, with only Texas having as many projects as Louisiana. “And now we have carbon capture and sequestration to contend with,” added Harden, who’s group is a member of Louisiana Against False Solutions, a coalition of environmental and watchdog nonprofits fighting the carbon capture projects.Ĭarbon capture technology, supported by the federal government, the fossil fuel industry and some environmental groups does not yet exist on a meaningful scale. “We’ve been trying to fix the oil and gas damage while at the same time trying to push the transition away from it,” said Monique Harden, director of law for the Deep South Center for Environmental Justice. Millions of dollars of investments in new carbon capture projects in Louisiana - with more announced this past week - are unwelcome developments to some environmental activists in the state. ![]()
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