Gregory B. Upton and Anurag Mandalika of the LSU Energy Institute, along with Brian Snyder, LSU Department of Environmental Sciences, have co-authored a report titled, "Economic Implications of Carbon Capture and Sequestration Projects for Louisiana".
A new report from the LSU Energy Institute presents estimates of the potential economic activity associated with carbon capture and sequestration (CCS) projects in Louisiana. Using publicly announced projects and associated infrastructure requirements, the analysis compiles investment, employment, and output estimates based on the modeling framework described in the report.
The analysis identifies 13 announced projects with a carbon capture component with investments totaling approximately $48 billion. In addition, the study identifies 33 existing facilities as practically feasible for CO₂ capture that currently employ approximately 4,200 workers. The report also estimates the pipeline infrastructure and Class VI sequestration wells required to sequester approximately 46 million metric tons of CO₂ per year from these announced and existing facilities.
