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Allen Parish Weighs Carbon Deal Benefits | Lake Charles News
Allen Parish is negotiating a landmark deal with Oxy to host a major carbon capture hub, potentially bringing in $9.4 million annually starting in year three—funds earmarked for schools, roads, and emergency services. Oxy would pay $1.25 per ton of CO2 stored, separate from a nearby facility. The community benefits agreement also includes landowner protections, water monitoring, and support for first responders. Money could go to Sheriff’s Office, Homeland Security, fire departments, job training, justice, economic development, and waste management—with final allocations to be decided by the…
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