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Biofuel advocates say the industry is at an inflection point. They’re calling on the new administration to increase ethanol and biodiesel volumes in the country's fuel supply, expand E15 gasoline and clarify tax credits.
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A group of House and Senate Republicans are looking to challenge the constitutionality of Summit Carbon Solutions' proposed pipeline.
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Summit Carbon Solutions has proposed new public informational meeting dates for 23 counties that would span about four weeks. The company that recently gained approval from state regulators for its carbon dioxide pipeline system in Iowa wants to proceed with expansion requests for that system starting in late August.
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The Iowa Utilities Board approved Summit’s CO2 pipeline project and gave the company the right of eminent domain to build on property where landowners oppose it.
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The ethanol industry said capturing carbon emissions from ethanol plants and storing it underground is needed to help the industry keep up with the trend toward greener energy. But it’s unclear what the direct benefit to the farmers who supply corn to the ethanol plant might be.
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The CEO of Navigator CO2 Ventures announced Friday that the company will abandon the project, citing "unpredictable" regulatory and government processes, especially in Iowa and South Dakota.
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It was the first day of testimony before the Iowa Utilities Board, which will decide whether to approve the pipeline route and Summit’s use of eminent domain.
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The attorneys general of Iowa and Nebraska filed a lawsuit on Monday claiming the EPA has not responded to their request with five other Midwestern governors to make E-15 fuel available year-round.
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In an effort to reach zero carbon emissions by 2050, the Biden administration is offering more tax credits for carbon capture sequestration and utilization. The program once expected to cost $3.2 billion now could exceed $100 billion.
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Three companies are proposing pipelines across the Midwest that would carry carbon dioxide captured from ethanol plants to underground sequestration sites. The plan is to inject the CO2 deep into rock formations under Illinois and North Dakota, but some landowners are pushing back.