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Baton Rouge Reporter

Thursday, October 17, 2024

BRAC announces launch of Baton Rouge Carbon Reduction Alliance

Business Report 

The Baton Rouge Area Chamber today announced the formation of the Baton Rouge Area Carbon Reduction Alliance. 

The alliance, made up mostly of industry representatives, aims to  drive sustainable economic growth by positioning the Capital Region as a  leader in energy transition, the global energy sector’s shift to  provide energy resources with net-zero greenhouse emissions.    

According to BRAC’s announcement, the alliance will build on the  momentum of over $20 billion in publicly announced projects since 2020  being considered for the Baton Rouge area. These projects consist of  sustainable investments such as renewable fuels, green and blue  hydrogen, CCUS, solar power and circular plastics. Calls to BRAC for  additional information were not immediately returned.  

“No state is better positioned to lead energy transition and  decarbonization innovation,” says Robert Twilley, LSU Office of Research  and Economic Development interim vice president. “Our state’s energy  infrastructure, global ports, agricultural feedstocks, coastal geology  and hydrogen storage, along with well-capitalized industry, and  well-trained workforce in process technology and university research  capacity, uniquely position us to lead in this initiative.”  

Gov. John Bel Edwards’ Louisiana Climate Task Force Plan shows that  Louisiana had net greenhouse gas emissions of approximately 216 million  metric tons annually in 2021, with 66% of those emissions coming from  the industrial sector. The Carbon Capture Coalition, a national  nonpartisan collaboration of more than 100 companies, unions,  conservation, and environmental policy organizations estimates Louisiana  could create up to 4,900 project jobs annually over a 15-year period  and 2,500 permanent jobs, while capturing 40 million metric tons of CO2  per year.   

Below are organizations currently represented in the alliance:  

  • Air Liquide 
  • Air Products 
  • Wilbert’s Sons 
  • BASF 
  • Bernhard Capital Partners 
  • Colonial Pipeline 
  • CF Industries 
  • Denbury 
  • Dow 
  • DRAX Biomass 
  • EnLink Midstream 
  • Entergy 
  • ExxonMobil 
  • Fidelis New Energy 
  • Great Plains Institute 
  • Grön Fuels 
  • Linde 
  • Louisiana Department of Natural Resources
  • Louisiana Mid-Continent Oil and Gas
  • Louisiana Economic Development 
  • LSU 
  • Methanex 
  • Oxy 
  • Phillips 66 
  • Placid Refinery 
  • Shell 
  • Shintech 
  • Talos Energy
Original source can be found here.

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