Heirloom, a direct air capture (DAC) provider, will bring two DAC facilities to the northwestern part of Louisiana, with a combined ability to remove nearly 320,000 tons of CO2 per year.
The new facilities will be located at the Port of Caddo-Bossier in Shreveport and will create around 1,000 new construction and permanent clean energy jobs.
The first facility is projected to begin construction later in 2024, and once operational in 2026, it will remove around 17,000 tons of CO2 each year. The second facility is under design as part of Project Cypress, the Regional DAC Hub in Louisiana managed by the US Department of Energy's (DOE) Office of Clean Energy Demonstrations (OCED), which is eligible for up to $600 million in funding and is expected to remove approximately 300,000 tons of CO2 per year.
The facility will expand the footprint and job-creation potential of Project Cypress beyond Southwest Louisiana, where Climeworks is building its Project Cypress facility in Calcasieu Parish.
The first phase of the project, which is predicted to be operational in 2027, will ensure the removal of 100,000 tons of CO2 per year. Subsequent construction phases, subject to additional funding and progress through Hub program reviews and negotiations, will triple the capture capacity.
The combined DAC facilities in Caddo Parish are expected to create at least 1,000 construction jobs and over 80 permanent jobs, with more expected at full build-out.
The State of Louisiana is offering a $3 million performance-based grant for site infrastructure improvements. Heirloom is expected to qualify for additional State incentives of up to $7.8 million over ten years if payroll and employment targets are achieved.
Additionally, Heirloom and Project Cypress partners will undertake a community benefits planning process in Northwest Louisiana, as part of an overall investment in the Caddo-Bossier region. This includes the formation of a local Community Engagement Council to solicit community input and feedback at every stage of project development.
Heirloom is collaborating with carbon management company CapturePoint to store the CO2 captured from the facilities in Class VI underground wells. The pipeline and storage wells used for Heirloom’s captured CO2 will be used for permanent CO2 storage, supporting Heirloom’s principles for the responsible deployment of carbon removal. Both facilities will be fully powered by additional renewable energy sources.
