Lake Charles, La.-based Gulf Coast Sequestration LLC has embarked on a plan to create a major underground repository of up to 80M tons of carbon gas now being released into the air by state industrial plants. The repository is actually a permeable layer of rock containing saltwater located 10,000 feet beneath a cattle ranch owned by Gulf Coast Sequestration between the Sabine River and Lake Charles. GCS plans to sequester about 2.7M tons of carbon gas a year in underground layers capable of holding a total of 80M tons of carbon on its land. GCS began the process of obtaining an EPA permit this past week, which may take more than a year before a decision is made. “This filing is a long time coming and an exciting moment for GCS,” Gray Stream, president of Matilda Stream Management Inc. and GCS owner, said in a news release. In August, Gov. John Bel Edwards called Louisiana the "canary in the coal mine" for climate risk. U.S. greenhouse gas emissions in 2017 totaled 5.1B tons, including 228M from Louisiana. A January 2020 Environmental Integrity Group report found that another 37 Louisiana petrochemical/plastics manufacturing projects are planned or under construction that could add another 63.5M tons of greenhouse gases a year. (Source: NOLA.com 10/18/20) https://www.nola.com/news/business/article_1cda1b74-0f2d-11eb-aa0a-03a0484aac1a.html
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