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Climeworks Plans Calcasieu Parish, Louisiana, Direct Air CO2 Capture Operations

11/08/2024
Climeworks, a direct air capture technology developer, plans to establish operations in Calcasieu Parish, Louisiana. The $50 million project is expected to create 140 jobs.

The new facility, known as Project Cypress Southwest, is a joint effort between Climeworks and independent nonprofit science organization Battelle. Production is scheduled to begin by the end of 2027.

“Louisiana is of particular interest to us for several reasons,” Climeworks Chief Project Development Officer Daniel Nathan said. “The porous geology of the subsurface – which has been well-studied by the U.S. Geological Survey – provides extensive capacity for safe and permanent carbon dioxide storage. In addition, the state’s long history in manufacturing and industrial processes has made for a workforce ideal for supporting the needs of a Direct Air Capture hub – jobs that will be additive to the companies with a longstanding presence in the area.”

To support the project Louisiana Economic Development (LED) offered the company an incentives package including the comprehensive workforce development solutions of LED FastStart. The company is also expected to participate in the state’s Industrial Tax Exemption and Quality Jobs programs. Additionally, Climeworks received $50 million in funding from the U.S. Department of Energy.

“Louisiana has the keys to drive global growth, innovation and excellence in the energy sector now and for generations to come,” LED Secretary Susan B. Bourgeois noted. “We are excited about the unique opportunity this project represents for the workers of southwest Louisiana, and look forward to working with Climeworks and our partners to make their vision a reality.”

Climeworks develops, builds, and operates direct air capture plants. Through collaboration with companies like Carbfix, Climeworks ensures that the captured CO2 is permanently removed from the atmosphere and safely stored underground for thousands of years. All carbon removal services delivered are verified by independent third party DNV.

“Climeworks is wielding a new solution to the ongoing issue of carbon dioxide and its effect,” Southwest Louisiana Economic Development Alliance President and CEO George Swift added. “Their direct air capture facility will not only mean 140 direct jobs but also hundreds of ancillary jobs and widespread economic ripples in the Vinton community. They are investing in Vinton today and their work also invests in the future of our region.”

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