Summit Carbon Solutions is proposing a pipeline, dubbed the Midwest Carbon Express, which would be more than 2,000 miles long and cross five states in total; more than 700 miles are planned across Iowa, reports the Progressive Farmer.
The $4.5 billion Summit project would be a potential boon for Midwest ethanol producers. Summit looks to connect as many as 31 ethanol plants, including as many as 12 plants in Iowa.
By trapping their carbon emissions and pumping them into the ground in North Dakota, the ethanol plants stand to capture premiums from low-carbon fuel markets such as California. The ethanol plant and pipeline would split the premium.
Bill Couser, a farmer and a board member for Lincolnway Energy, an ethanol plant in Nevada, IA, said farmers and the ethanol industry need to be proactive about finding ways to lower emissions, including pipelines.
Read the full report here.