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U.S. Dept. of Energy Restores Funding for Carbon Capture Hubs in Texas, Louisiana
Posted on 4/20/26 at 11:38 am
Posted on 4/20/26 at 11:38 am
quote:
(Reuters) — The Department of Energy will retain funding for major carbon direct air capture awarded under the Biden administration after targeting them for fund cancellation last year, according to a list of projects identified by the agency that it sent to Congress this week seen by Reuters.
Last October, the DOE considered cancelling billions of dollars in funding for clean energy programs, including awards for auto manufacturing, hydrogen and carbon capture.
Projects slated for cancellation included two major direct air capture hubs that received $1.2 billion awards from former President Joe Biden's administration, including one that involves oil company Occidental in Texas and another in Louisiana.
The Energy Department had said last October it was conducting an "individualized and thorough review of financial awards made by the previous administration."
The DOE confirmed that the South Texas DAC Hub and Louisiana's Project Cypress were on the list of nearly 2,000 projects that would retain their funding.
On Thursday, Energy Secretary Chris Wright told a congressional hearing that the DOE reviewed the list of projects and backed those it said "had a credible way to be helpful."
quote:
Project Cypress and South Texas were awarded $550 million and $500 million respectively under Biden, but had only received their first tranche of $50 million each.
The DOE's Hydrocarbons Geothermal and Energy Office (HGEO) will be involved in the next steps of deploying those hubs and unlocking the appropriated and obligated funds.
LINK
quote:
In testimony Wednesday at a fiscal 2027 budget hearing, Wright announced the completion of a monthslong review of about 2,200 projects approved during the Biden presidency, which includes Project Cypress, an initiative with sites at the Port of Caddo-Bossier and in Calcasieu Parish.
quote:
Project Cypress is eligible for up to $600 million in federal grants tied to a pay-for-performance structure that requires matching private sector investment. To date, the Department of Energy has disbursed $50 million to the developers.
Heirloom, a San Francisco-based direct air capture company, will proceed with its plans at the Port of Caddo-Bossier after what company Head of Policy Vikrum Aiyer called a "rigorous review." The carbon captured at the site will be sent by pipeline approximately 100 miles for permanent burial at the Central Louisiana Regional Carbon Storage Hub (CENLA Hub) operated by CapturePoint.
While Heirloom focuses its operations in northwest and central Louisiana, Climeworks serves as the second anchor technology provider. The Zurich-based company plans to construct its own facility in Calcasieu Parish near Vinton. Through a partnership with Gulf Coast Sequestration, developers plan to pump captured carbon about 10,000 feet underground for permanent storage at a privately owned cattle ranch situated between Lake Charles and the Sabine River.
To qualify for the full $600 million in federal support, the DOE requires a "Community Benefits Plan," a legally binding framework designed to ensure taxpayer investment translates into measurable local gains. Project developers say the hub will create at least 1,000 construction jobs and over 80 permanent positions, with many workers in Calcasieu Parish expected to earn average annual salaries of $123,000.
These opportunities are supported by partnerships with Bossier Parish Community College and SOWELA Technical Community College, where developers are helping design a specialized curriculum for the emerging industry.
“We appreciate the Trump Administration for supporting American Jobs and further empowering Louisiana's role in the American Energy Dominance Agenda,” said Tommy Faucheux, president of the Louisiana Midcontinent Oil & Gas Association.
LINK
3
Posted on 4/20/26 at 11:41 am to ragincajun03
The boondoggle to end all boondoggles. I didn't think they could come up with anything better than high speed rail, but they've done it.
80 permanent positions (allegedly) and $600,000,000 in federal dollars, and there are people celebrating this. Wild stuff.
80 permanent positions (allegedly) and $600,000,000 in federal dollars, and there are people celebrating this. Wild stuff.
This post was edited on 4/20/26 at 11:45 am
Posted on 4/20/26 at 11:43 am to ragincajun03
Carbon Capture is the oil industry equivalent to Somali Daycare and home healthcare. Los Angeles Homeless NGOs etc.
Posted on 4/20/26 at 11:44 am to Chucktown_Badger
quote:
The boondoggle to end all boondoggles. I didn't think they could come up with anything better than high speed rail, but they've done it.
We still have Corn based ethanol. I thought that was the biggest grift in the O&G industry. This will take the cake.
Posted on 4/20/26 at 11:45 am to lsu13lsu
quote:
We still have Corn based ethanol.
And no politician is willing to do anything about that anti-consumer BS.
Posted on 4/20/26 at 11:46 am to lsu13lsu
quote:
We still have Corn based ethanol.
Iowa Corn Mafia
Posted on 4/20/26 at 11:52 am to ragincajun03
Posted on 4/20/26 at 12:02 pm to lsu13lsu
quote:
This will take the cake
I’m not so sure. Squeezing our food into our gas tanks is still a bigger ongoing scam, and affects all of us more directly than the other greenwashing like these carbon hubs, and wind and solar farms. 100% of them are about wealth transfer, they don’t even move the needle on improving the environment.
Posted on 4/20/26 at 12:35 pm to lsu13lsu
ok - did some research - seems farmers and big oil both benefiting from this
This post was edited on 4/20/26 at 12:40 pm
Posted on 4/20/26 at 1:10 pm to Icansee4miles
quote:
I’m not so sure. Squeezing our food into our gas tanks is still a bigger ongoing scam
Not at all. The job of ethanol is to create less CO2 in the atmosphere, and it does that. Barely.
Using E10, a driver is putting out roughly 4%-5% less CO2 per tank of gasoline.
"Well, Bard... that's hardly earth-saving," you might be thinking. And you would be right, buuuuuuut...
All of the carbon capture and sequestration combined around the world is only pulling out ~.15% of the estimated CO2 they claim Man is adding to the atmosphere each year but we're going to create billions upon billions in tax credits to fund them (and that's the ONLY way they make money).
Furthermore, with the EU and some Asian countries having created their own version of carbon credits, there's now a lot of artificially created economic reasoning behind doing this silliness (ie: fees and tariffs for goods produced without a carbon offset). In other words, it becomes more expensive to export goods to countries with these laws if we aren't offsetting it ourselves (read up on "carbon intensity" and "CBAM" for a deeper delve into the lunacy).
In other words, carbon capture and carbon sequestration are even more of a scam because they cost more and produce less of the stated benefit.
This post was edited on 4/20/26 at 1:11 pm
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