Strategic Biofuels gains key permitting for Louisiana clean energy project Louisiana's LDCE grants the first-ever permit for a multi-well carbon sequestration project to Strategic Biofuels, enabling a 600 Mw carbon-negative power plant with permanent CO2 storage, setting a precedent for responsible CCS initiatives. Key Highlights LDCE approved Louisiana's first multi-well Class VI injection wells for CO2 sequestration, enabling the LGF project's CCS power plant and potential biorefinery.