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Louisiana in line for $603 million grant for direct air capture hub; could create 2,300 jobs

Por: The Advocate Business August 11, 2023

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Louisiana will receive up to $603 million in Department of Energy grant funding to create a direct air capture hub in Calcasieu Parish that is expected to generate about 2,300 total jobs, federal officials said.Dubbed Project Cypress, the direct air capture hub will attempt to pull more than 1 million tons of carbon dioxide annually directly from the atmosphere and sequester it deep underground, according to the Department of Energy. Ohio-based... + full article



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