
On Gulf Coast, is carbon storage the next big thing?
WASHINGTON - Two years ago, Louisiana investor Chas Roemer was moving ahead on building an LNG export terminal in southwest Louisiana when he ripped up his plans. With customers abroad under regulatory pressures to address climate change, he decided his project needed to be cleaner than the glut of other LNG facilities going up along the Gulf Coast. So, Roemer, a partner at a Baton Rouge private equity, began looking into storing underground the vast amounts of carbon dioxide his facility would produce. And he wasn’t alone. Plans…
Read More Open PDF