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Carlyle Group

Climate love

Carlyle-backed Crescent Midstream to build carbon capture and storage unit in Louisiana.

Oil pipeline firm Crescent Midstream, which is backed by investment firm Carlyle Group, said on Friday it would jointly develop and construct a carbon capture and storage project in Lake Charles, Louisiana.
The nearly $1 billion project would capture carbon dioxide from an Entergy-owned (ETR.N), opens new tab natural gas-fired power plant, the 994 MW Lake Charles power station.
https://www.xm.com/cz/research/markets/commodities/reuters/carlylebacked-crescent-midstream-to-build-carbon-capture-and-storage-unit-in-louisiana-53930282


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  • Kihm Francis

    15 w

    This is a promising step toward reducing industrial emissions.

    3
    • We Don't Have Time

      16 w

      Dear Gorffly mokua Your climate love has received over 50 agrees! We have reached out to Carlyle Group by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      2
      • Rashid Kamau

        16 w

        This project aligns with broader efforts to reduce carbon emissions and combat climate change, especially in a state known for its extensive energy infrastructure and industrial activities.

        3
        • rosebellendiritu

          16 w

          I do believe that doing away with carbon will help bring about significant change as pollution by carbon will have reduced.

          7
          • Jane Wangui

            16 w

            This is great.capturing and storing carbon will surely bring about some relevant change on our planet.

            9
            • Rashid Kamau

              16 w

              @jane_wangui Yes, capturing and storing carbon can indeed bring about significant positive changes for the planet.

              • Videlis Eddie

                10 w

                @jane_wangui it will... As long as the storage are sustainable

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