Louisiana Green Fuels Fund Updates > Impact of Extreme Weather
Impact of Extreme Weather
We have spent the last few months highlighting the positive environmental impact we believe the Louisiana Green Fuels project will have by creating the lowest (in fact negative) carbon intensity fuel commercially available in the USA. However, in this update we wanted to do the reverse and talk about how the environment - specifically extreme inclement weather - could impact the LGF project.
Hurricane Ida made landfall in Louisiana as a category 4 hurricane with maximum sustained winds of 145mph. How might future storms like Ida impact the LGF project?
Hurricane Ida made landfall in Louisiana as a category 4 hurricane with maximum sustained winds of 145mph. How might future storms like Ida impact the LGF project?
The reality is that direct flood/hurricane damage isn’t the primary concern, after all, this will be an industrial facility built to that specification. The most likely impact would actually be disruption to the production/delivery of feedstock. Here are some of the mitigating factors that make us more comfortable about these potential risks;
Part of the impact of global warming is that extreme weather events happen more frequently and with more severity. It is anticipated that once the Louisiana Green Fuels Project is up and running, the CO2 it permanently sequesters will be equivalent to taking 110,000 cars off the road every year.
- The plant is a little over 200 miles from the coast. As we saw with Hurricane Ida, hurricanes lose strength as they move from over water to land.
- The plant itself is located in a "100-yr" flood zone and there have been no meaningful floods in living memory.
- The plant stores six weeks supply of feedstock onsite, and has an off-site storage facility for an additional two months.
- Both the plant and any cost of delays will have insurance coverage provided by Aon.
Part of the impact of global warming is that extreme weather events happen more frequently and with more severity. It is anticipated that once the Louisiana Green Fuels Project is up and running, the CO2 it permanently sequesters will be equivalent to taking 110,000 cars off the road every year.