Key Takeaways
- Carbon Direct and C2X formed a collaboration to advance the Beaver Lake Biofuels project in Louisiana
- The project plans to convert forestry residues into biomethanol and generate carbon dioxide removal (CDR) credits via geological storage
- Beaver Lake is expected to produce ~550,000 tonnes of biomethanol annually and store ~1 million tonnes of CO₂ per year
- Microsoft has signed a CDR offtake agreement for 3.6 million metric tonnes over 12 years
- The project is nearing FEED completion, targets FID in 2026, and anticipates delivery starting in 2029
Carbon Direct and C2X Partner on Beaver Lake Biofuels in Louisiana
Carbon Direct and C2X announced a new collaboration to advance the Beaver Lake Biofuels project in Louisiana, positioning the development as a biomass carbon removal and storage (BiCRS) project that converts forestry residues and by-products into biomethanol and high-quality carbon dioxide removal (CDR) credits.
The project is designed to utilize locally available forestry and sawmill by-products, residues, and thinnings—such as wood, tree-tops, and bark—amid an oversupply linked to U.S. pulp and paper industry contraction in the region. The project plans to durably store captured CO₂ through geological storage for 1,000+ years.
“This important collaboration with C2X represents an opportunity to bolster a declining market for wood by-products and transform this resource into two complementary climate solutions at scale,” said Greg FitzGerald, Vice President of Supply at Carbon Direct.
