Louisiana likely will receive permitting authority over wells designed to capture and store greenhouse gases by the end of the year, U.S. Congressman Garret Graves, who represents a southern section of the state, said on Tuesday.
The state, which houses a large number of refineries and other industrial facilities, has been vying for control over so-called Class VI wells from the Environmental Protection Agency . Carbon injection wells have emerged as one of the oil and gas industry's preferred ways to lower greenhouse gas emissions.
Primacy, or permitting and enforcement authority, allows states to speed up approvals for these wells and better ensure investment dollars for massive carbon sequestration and storage hubs flow to the state.
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