KEY TAKEAWAYS:
AtmosClear and ExxonMobil sign 15-year carbon capture deal
Baton Rouge facility to store 680,000 metric tons of CO2 annually
$800M investment expected with 675 jobs created
Louisiana among few states with EPA carbon storage primacy
AtmosClear has signed a 15-year deal with ExxonMobil to handle, transport and store biogenic CO2 produced and captured at the company’s planned carbon capture facility at the Port of Baton Rouge.
Beginning in 2029, AtmosClear, a subsidiary of Houston-based Fidelis New Energy , plans to generate renewable baseload power at the Baton Rouge plant using sustainable materials like sugarcane bagasse while capturing 680,000 metric tons of biogenic CO2 annually, which ExxonMobil has agreed to inject more than a mile underground. The biogenic