Legislators kill two taxes on carbon capture - American Press

Legislators kill two taxes on carbon capture - American Press

By Nolan McKendry | The Center Square Louisiana lawmakers have rejected two separate proposals that would have imposed new taxes on carbon capture and sequestration operators, stalling efforts to generate local revenue from the growing industry. Rep. Shane Mack’s House Bill 44, which proposed a per-ton injection tax on carbon dioxide stored underground, failed in committee last week in a 4-10 vote. The Livingston Parish Republican originally pro…

Parishes, businesses still fighting over carbon capture

The Center Square/Nolan McKendry The Louisiana House Natural Resources Committee hears testimony on several bills April 29. The fight between the rural parishes and the industries supporting carbon capture and sequestration is not over.

Carbon Capture Outlook Shows Signs of Brightening

Companies big and small are responding to global incentives to catch and store CO2.