ENERGY: Declares that carbon dioxide sequestration is illegal without a property owner's consent (OR SEE FISC NOTE GF RV)

HB 327 prohibits carbon dioxide sequestration (storing CO2 underground) beneath private property without the property owner's written consent. It directly affects property owners and companies seeking to use underground storage for CO2. The bill requires storage operators to obtain consent from property owners, with an exception only if the owner cannot be located after a reasonable search and good-faith effort. This creates a clear property rights requirement for underground CO2 storage projects in Louisiana.