Louisiana Senate Bill SR123

Louisiana 2023 Regular Session

• Introduced: 5/25/23
• Refer: 5/26/23
• Report Pass: 6/1/23
• Passed: 6/2/23

Caption

Requests the U.S. Environmental Protection Agency to take actions necessary to timely review and grant the state of Louisiana's application for primacy in the administration of Class VI injection well permitting.

Impact

If enacted, SR123 would authorize Louisiana to take control of the regulatory process surrounding Class VI injection wells, which are critical for carbon sequestration. This move is seen as a way for the state to manage its environmental protections more effectively and bolster its economic interests. By centralizing authority, Louisiana aims to streamline the permitting process for carbon capture projects, which could lead to significant job creation and investment. The anticipated economic benefits include potential capital investment measured in tens of billions of dollars, as well as substantial reductions in carbon dioxide emissions.

Summary

Senate Resolution No. 123 (SR123) urges the United States Environmental Protection Agency (EPA) to expedite the review and approval of Louisiana's application for primacy in administering Class VI injection well permitting. This resolution seeks to ensure that Louisiana maintains its status as a leader in energy innovation and to facilitate the implementation of vital carbon capture and sequestration initiatives within the state. The resolution underscores the state's historical expertise in managing oil and gas production and its commitment to advancing transformative energy technologies that align with national energy strategies.

Sentiment

The sentiment surrounding SR123 is predominantly positive among supporters who emphasize the importance of local governance in managing energy and environmental matters. Advocates argue that granting the state primacy will enable a more nuanced approach to permitting that reflects the unique geological and economic context of Louisiana. Critics, however, may raise concerns about environmental safeguards and the implications of shifting regulatory powers, though the resolution appears to have garnered strong bipartisan support in the legislature.

Contention

Notable points of contention revolve around the balance between federal oversight and state autonomy in environmental matters. While proponents highlight the advantages of localized decision-making and the potential for accelerated project approvals, there are apprehensions regarding the adequacy of environmental protections that might arise from reduced EPA oversight. The resolution indicates a memorandum of agreement with the EPA, suggesting a commitment to inclusivity during the permitting process, which could address some concerns about the impacts on vulnerable communities.