Economic Development

This glaring weak link threatens development of offshore wind energy 

A push toward offshore wind energy could create thousands of well-paying domestic jobs in Louisiana and elsewhere, but it’s unlikely there will be enough trained and certified workers to fill those positions.

St. Charles Clean Fuels looks at building a $4.6B reduced-carbon ammonia facility 

St. Charles Clean Fuels is exploring the feasibility of building a $4.6 billion ammonia...

Methanex $1.3B investment in Ascension leads local projects seeking tax breaks

Methanex USA is seeking close to $16.5 million in rebates from Louisiana’s Quality Jobs program on a $1.3 billion investment in Ascension Parish. 

Three Capital Region businessmen up for Gulf Coast Entrepreneur of the Year award

Mo Vij with 365Labs and Chad Kalland and Kenny Rouse with Vecta Environmental Services have been named finalists for the 2023 Ernst & Young Entrepreneur of The Year Award for the Gulf Coast. 

Committee advances tax proposals that would cost local governments millions 

Tax proposals that could cost the state and local governments millions of dollars, but may benefit businesses, quietly advanced out of a state Senate committee Monday. 

Louisiana and Texas poised to capture the carbon capture sweepstakes

The success or failure of a rapidly growing carbon capture, use and storage, or CCUS sector is shaping up to be a matter of survival for the oil and gas industry as the world treads down the “energy transition” path, according to Forbes.
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Lawmakers punt on LSU, Southern football ticket tax to fund passenger rail 

A Louisiana legislative committee sacked a bill that would have levied a tax on certain college football tickets to help pay for a passenger rail project between Baton Rouge and New Orleans. 

Media group behind ‘The Advocate’ expanding into Shreveport-Bossier 

Georges Media Group, which publishes The Advocate and The Times-Picayune in New Orleans and Baton Rouge announced Monday that it is launching a digital news service in northwest Louisiana, bringing some media competition to the region

MovEBR video library provides virtual networking opportunities for small businesses

There are now 39 businesses taking part in the MovEBR Small Business Video Library, an ongoing virtual networking campaign hosted by the city-parish. 

Film industry tax credit program clears House committee

An extension of Louisiana’s film tax credit program passed through the House Ways and Means Committee on Monday.