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Proposal to end inventory tax could impact revenue in Iberville Parish


Staff Report
Legislation that would end the inventory tax credit as part of a tax reform plan could put the brakes on a significant revenue source for Iberville Parish.
If approved, it could mean $13 million less for Iberville alone, Assessor Randy Sexton said.
“For river parishes like this with a lot of industry, this bill would hit pretty hard,” he said. “It would definitely have an effect.”
Some states do not have an inventory tax, which may reflect the direction the state wants to pursue in the tax reform plan.
The impact would mainly fall on industrial parishes as Iberville, Ascension, West Baton Rouge and St. James. ....

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Everfuel signs MOU for hydrogen supply to new zero-emission ship concept


Everfuel signs MOU for hydrogen supply to new zero-emission ship concept
Denmark-based Everfuel A/S has signed a Memorandum of Understanding (MOU) with an undisclosed German-Norwegian shipping company for collaboration on hydrogen supply to a new zero-emission shipping solution.
The two parties are exploring a cooperation whereby Everfuel will be responsible for delivery of hydrogen, including planning, installation and operation of an optimized, scalable fueling solution. The intent is to establish firm contracts for long-term hydrogen supply and offtake to projects under development by the undisclosed partner which aims to become a leading zero-emission shipping company in Europe.
Targeted start of operation is early 2023 with an initial ship, which is expected to consume approximately 1,000 kg of hydrogen per day. ....

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