How Much is Venture Global Investing in Right to Work Louisiana?
Venture Global is investing over $10 billion in order to add a new facility in Right to Work Cameron Parish, Louisiana. In addition, this will also create 200 new jobs. So this is exciting news for the economy! And what better place to make such a grand investment other than a Right to Work state such as Louisiana?!
From Area Development Magazine:
“CP2 will be located in Cameron Parish, adjacent to our existing Calcasieu Pass terminal. […] These two projects, combined with our Plaquemines LNG facility now under construction, represent over $20 billion of investment in the State of Louisiana, and will create thousands of good paying jobs. With two major LNG export projects currently under active construction, Venture Global is on a mission to produce the cleanest low-cost LNG in North America. We are proud to partner with Louisiana in these efforts and in developing carbon capture and sequestration for our facilities. Under the leadership of Governor John Bel Edwards, Louisiana is enhancing its status as an international hub for innovation to tackle the energy and climate challenges of our time.†[…]
“Venture Global has invested significantly in Louisiana’s economy, and I am proud to celebrate this exciting new project with them. […] The CP2 facility in Cameron will create more than 1,000 new permanent jobs and thousands of construction jobs in the area, which will have a significant impact on our economy.†[…]
“Southwest Louisiana welcomes Venture Global’s new mega-project. […] We are excited that it includes carbon capture and sequestration capacities. This major investment will further strengthen our region as a global leader in LNG exports. The jobs created will grow Cameron Parish’s workforce significantly and make Cameron Parish the largest LNG exporter in the world.â€
To read more updates on Right to Work states, click here.