Economic Growth for Rural Louisiana
The Louisiana Green Fuels Project will bring new high paying jobs to the region.
The plant will bring good paying permanent and construction jobs to Caldwell Parish and the surrounding parishes. We estimate that the plant will have over 75 full time employees once it is operational. This is expected to create over 300 additional full-time indirect jobs. This will provide employment opportunities including unskilled labor, technicians, operators, maintenance, engineers and plant management. During the construction phase of the Project, we expect to create approximately 450 jobs. These construction jobs will pull workers from the surrounding areas
ESG Investment Opportunity
Enviromental, Social, and Governance Factors are Keys to unlocking the Project’s success.
Environmental factors include the contribution our Project makes to climate change through reduction of greenhouse gas emissions, waste and energy efficiency. These are core principles that allow us to achieve an extremely low carbon footprint for the plant.
Social factors include human rights, labor standards in the supply chain, any exposure to illegal child labor, and more routine issues such as adherence to workplace health and safety. Louisiana Green Fuels is already well integrated with its local community including substantial early investment from local and regional private investors.
Governance refers to a set of rules or principles defining rights, responsibilities and expectations between different stakeholders in the governance of the company. Louisiana Green Fuels’ corporate governance system will balance and align interests between stakeholders to support our long-term strategy.
Reducing Climate Change
The carbon sequestration process for the plant is equivalent to taking more than 120,000 cars off of the road.
A typical passenger vehicle emits about 4.6 metric tons of carbon dioxide per year. This assumes the average gasoline vehicle on the road today has a fuel economy of about 22 miles per gallon and drives around 11,500 miles per year. A reduction ofCO2 emissions by the equivalent of 120,000 cars is the equivalent of eliminating all of the automotive emissions from the entire Monroe metropolitan, Caldwell Parish and more.