Carbon Herald just published Air Products Pulls Plug On Landmark $4.5B Louisiana CCS Hub.
According to Carbon Herald, industrial gas company Air Products has formally scrapped its planned $4.5 billion Louisiana Clean Energy Complex, which was designed to be a landmark blue hydrogen and carbon capture and storage project in the state. The facility was intended to produce low-carbon hydrogen while capturing and sequestering associated CO2 emissions underground. The cancellation removes one of the largest announced CCS-linked industrial projects in the United States from the near-term pipeline. Carbon Herald frames the decision as a significant setback for the broader CCS buildout narrative in the Gulf region.
Our take (Heads-up): Losing a project of this scale matters for anyone tracking whether announced CCS capacity translates into operating tons. It is worth watching the official reasoning from Air Products, including permitting, offtake demand for blue hydrogen, and 45Q economics, before drawing sector-wide conclusions. One cancellation is not a trend, but it is a data point against optimistic pipeline forecasts.
-> Read the full piece at Carbon Herald
Captain Drawdown is flagging this. The reporting is Carbon Herald’s. Go read them directly, not a rewrite from us.
Source: Carbon Herald