Heirloom Carbon Technologies announces a $475 million decarbonization project that will result in the construction of two direct air capture facilities at the Port of Caddo-Bossier. Heirloom Carbon Technologies Community Liaison Caitlyn Cain.
“Essentially, what we are doing is we are capturing carbon dioxide from the ambient atmosphere utilizing limestone. Naturally, it absorbs carbon dioxide in its natural state we’ve simply accelerated this process.
Construction of the first facility is set to begin by the end of this year, and they estimate 17,000 tons of CO2 will be removed from the atmosphere annually starting in 2026. Heirloom will partner with CapturePoint for permanent CO2 storage.
“So we will be storing the carbon dioxide in a class VI well in Central Louisiana.”
This is a public and private investment with up to 550-million dollars in funding from the federal government. Cain says they chose the Port of Caddo-Bossier because Louisiana is the energy capital of the United States…
“Louisiana has an incredible workforce related to the energy sector, particularly for the infrastructure that we need.”
This will be the first commercial DAC facility in Louisiana and the second in North America and will bring over a thousand construction jobs and 81 permanent jobs with an average salary of $56,000.
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