Developing CCUS Projects in Louisiana and the Gulf Coast
23rd November 2020
The momentum and vital need for carbon capture, utilization, and storage (CCUS) technologies has never been greater. In August 2020, Louisiana’s governor signed an executive order setting a state goal for net zero greenhouse gas emissions by 2050. With a strong industrial base and the fifth highest CO2 emissions per capita within the US, Louisiana needs CCUS to meet its decarbonization targets and keep its industrial economy competitive.
The state government of Louisiana has prioritized support for CCUS and the development of a carbon management economy. It was one of the first states to assume liability for sequestered CO2 post well-closure and it plans to be the third state to have state primacy to approve Class VI well permits. With strong geology and business experience in the oil & gas sector, Louisiana is poised to be a leader in CCUS with the 45Q tax credit now making CCUS projects profitable. Meanwhile, all across the Gulf Coast corridor, onshore and offshore project possibilities are being explored.
Business leaders and experts in capture technology, geology, transportation infrastructure, economics, and project development provided webinar participants with a deep dive into the economics of the 45Q tax credit, and guidance on how to execute a CCUS project in the state of Louisiana and across the Gulf Coast.
This event was targeted at facility owners and key business partners across energy, industrial, and fuel pathways who see reducing carbon emissions as both a business opportunity and the right thing to do.
Day 1 Speakers - November 17
1:00 - 4:00 PM (CST)
- Secretary Tom Harris, Cabinet Secretary, Department of Natural Resources, LA
- Jeff Erikson, General Manager, Global CCS Institute
- Keith Tracy, Principal, Elysian Ventures
- Brian Snyder, LSU
- Elizabeth Abramson, Research Analyst, Great Plains Institute
- Dan Cole, Denbury, Vice President of Commercial Development and Government Relations
- John Kruse, Vice President, Kiewit
- Anthony Cottone, Senior Director, Strategic Development, Oxy Low Carbon Ventures
- Brian Hill, Vice President, Crescent Resource Innovation
Day 2 Speakers - November 18
9:00 - 11:30 AM (CST)
- Hunter Johnston, Partner at Steptoe & Johnson LLP
- Jeff McDaniel, VP, New Projects
- Lee Stockwell, General Manager – US Carbon Capture & Storage
- Benjamin Heard, Project Lead & Principal, GCS
- Adam Peltz, Senior Attorney, EDF
- Jason Lanclos, Director, State Energy Office, LA
A PDF of the presentation covering both days can be found here.
To watch the recordings please see below: