Federal climate change tax funds may indirectly support Louisiana's fossil fuel production through carbon capture projects linked to major oil and gas firms.

Federal tax dollars meant to combat climate change may indirectly boost Louisiana's fossil fuel production via carbon capture projects, linked to major oil and gas firms and subsidized under new federal rules. The more CO2 captured, the more federal funding projects receive. Concerns arise as Louisiana, with regulatory primacy in carbon storage, has potential to authorize numerous such projects, potentially undermining environmental benefits.

April 01, 2024
4 Articles

Further Reading