Business News

A new report from the LSU Center for Energy Studies makes one thing clear: carbon capture and sequestration (CCS) isn’t just an environmental discussion in Louisiana—it’s a major economic opportunity. Based on publicly announced projects and existing industrial capacity, the report outlines what a full CCS buildout could mean for the state’s economy, workforce, and long-term industrial competitiveness. At the center of the analysis are 13 announced projects across Louisiana

A revealing moment during the Louisiana House Commerce Committee’s March 18 hearing made one thing unmistakably clear: political opposition to carbon capture is no longer a theoretical debate—it is costing Louisiana real projects, real jobs, and real investment. And in Beauregard Parish, that cost has already been paid. Testifying on House Bill 670, Louisiana Economic Development’s Chief Business Development Officer Paige Carter delivered a striking example. A confidential co

Louisiana holds one of the richest energy portfolios on Earth: abundant resources, unmatched ports, a proven workforce, and a strategic position at the crossroads of global trade. We should be the undisputed leader in America's energy story. Instead, we are locked in a defensive battle over our own backyard. A new Pelican Institute report, Barriers to Louisiana Energy Dominance , cuts straight to the core issues: outdated policies, regulatory uncertainty, runaway litigation,

By Rajesh P. Narayanan | Professor of finance, Louisiana State University After months of bipartisan negotiations, Congress continues to debate crypto market structure legislation, though questions remain whether common sense investor protections will be included in a new federal framework for digital assets. These proposals address fundamental questions aimed at providing needed clarity for digital asset markets, including around agency jurisdiction, and trust and confidence

Speaking Wednesday to the Rotary Club of Baton Rouge, Louisiana Chemical Association President and CEO David Cresson discussed the “hard truths” facing the state’s chemical industry—rampant litigation, high insurance costs and workforce shortages among them. But the point he spent the most time on was his desire to push back against what he described as “misinformation” about Louisiana’s industrial corridor, misinformation he said has tainted public opinion of one of the ke

Cohab executive director Jessica Schiele says at least once a month in their CEO Roundtable group, a business leader says “I thought only I was dealing with that.” That is rarely the case, she says, and it's one of the ways the CEO program can help. Over the next month, Louisiana Economic Development will take applications for its 2026 CEO program and they are looking for candidates. Similar to the famous Las Vegas commercial, Schiele says conversations between the CEOs st

NEW ORLEANS (WAFB) - John Miller, founder of the Country Club of Louisiana, is pitching investors on acquiring Spirit Airlines and establishing a hub in New Orleans. Miller’s annoucement comes as the airline’s stock trades at less than 3 cents per share. Miller said the proposal would boost Louisiana businesses and tax revenue by attracting visitors who would not otherwise come to the state. “If somebody is visiting Louisiana and visiting New Orleans and they would have absol

President Donald Trump’s push to modernize America’s retirement and savings system reflects a broader and increasingly clear philosophy: long-term economic security comes from early participation, financial literacy, and wider access to the wealth-building tools that have traditionally been limited to institutions and the wealthy. Recent debate over expanding permissible 401(k) investment options, including limited exposure to private equity, private credit, and other alterna

(By Alton Wallace/The Center Square) – The next sale of oil and gas leases in the Gulf of America is set for March 11, one of dozens scheduled over the next 15 years as part of President Donald Trump’s push to increase domestic oil and gas production. The One Big Beautiful Bill Act, signed by Trump in July, mandates 30 auctions in offshore waters in the Gulf and six in Alaska’s Cooks Inlet before the end of 2040. The March sale will open more than 80 million acres on the Oute

By Rajesh P. Narayanan, Ph.D., Louisiana State University The Credit Card Competition Act, sponsored by Senators Durbin and Marshall, aims to inject competition into credit card networks and lower costs for merchants and consumers. The legislation requires issuers with over $100 billion in assets to enable at least two unaffiliated payment networks and gives merchants control over transaction routing. Community banks are explicitly exempt from this threshold. Yet despite thi

Louisiana has secured Business Facilities magazine’s prestigious Platinum Deal of the Year Award for the second consecutive year, a first in the award’s history and a clear signal that the state has entered a new era of national economic competitiveness. In early January 2026, Business Facilities named Hyundai Steel’s $5.8 billion investment in Ascension Parish as the Platinum Deal of the Year for 2025, recognizing it as the most significant economic development project ann

By Meghan Thacker Data Centers are coming and they are here to stay. McKinsey has forecast total capital expenditures of $1.7 trillion on AI data centers by 2030, excluding the IT hardware involved – which makes for a bigger number. Louisiana is well-positioned to take advantage of this new industrial era thanks to the state’s robust industrial and energy infrastructure and pro-growth policies being implemented under the leadership of Governor Landry. In addition to the Me