Panel to evaluate taxes, jobs and revenue from carbon-storage projects
October 02, 2026 | Jefferson County Legislation, House, Alabama Legislative Sessions, Alabama
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Committee members tasked a subcommittee to analyze economic impacts, potential taxation or charges, and how revenue from carbon-storage projects would be distributed among state and local funds.
The chair said the state has an asset in South Alabama and urged the tax-and-jobs group to examine who would receive revenues — the general fund, the Education Trust Fund, counties or municipalities — and to estimate what project construction and operations could bring in jobs for engineers, well operators and local contractors.
John Barganier, president of Manufacture Alabama, attended the meeting and was assigned to the taxes and jobs subcommittee to represent manufacturing-sector interests.
The chair said the state has an asset in South Alabama and urged the tax-and-jobs group to examine who would receive revenues — the general fund, the Education Trust Fund, counties or municipalities — and to estimate what project construction and operations could bring in jobs for engineers, well operators and local contractors.
John Barganier, president of Manufacture Alabama, attended the meeting and was assigned to the taxes and jobs subcommittee to represent manufacturing-sector interests.
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