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Summit Carbon Solutions
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Low Carbon Fuel Markets
Summit Carbon Solutions will open new economic opportunities for ethanol plant partners by allowing them to sell their product in markets that pay more for their product. Being able to access these markets will enhance the long-term viability of the ethanol industry and ensure corn growers across the Midwest continue to have a strong market for their crops. (Read more)
Summit Carbon Solutions is committed to visiting with landowners to further understand and address individual concerns about the various types of properties involved with the project. Such efforts are not merely aimed at reaching an agreement on an easement document, but also solidifying relationships for years to come. We’re pleased to have reached such agreements with over 2,000 landowners to date encompassing nearly 3,200 parcels of land. We’re shaking hands with more folks regarding easements every day. (Read more)
Pipelines already in operation
There are 3.3 million miles of pipelines in active operation across the United States. Moreover, in the five states where our project is proposed to operate, there are approximately 173,000 miles of pipeline already in service today
Enhanced Oil Recovery
The permits filed, which specifies exactly what we are requesting from regulators, note clearly that our project is about the permanent sequestration of CO2. The Summit Carbon Solutions project will not be used for enhanced oil recovery.
Per studies performed by the Energy and Environmental Research Center (EERC) and the Department of Energy (DOE), the state of North Dakota has ~250 billion tons of storage capacity below ground. This is enough capacity to store all CO2 emissions in the U.S. for the next 50-years. (Read more)
Crops, trees, and other plants will still have plenty of CO2 to grow and thrive as they have for centuries. Summit Carbon Solutions’ carbon capture and storage project will have the capacity to capture and permanently store up to 12 million metric tons of carbon dioxide that is being emitted by the manufacturing process. That will lead to significant economic and environmental benefits, while also opening new economic opportunities for ethanol producers and farmers across the Midwest.
Summit will indemnify and hold landowners harmless for any loss, damage, claim or action resulting from the project, with the sole exception of cases where there is gross negligence or willful misconduct.
Summit Carbon Solutions is a multi-billion-dollar private investment with support from a wide-range of investors including John Deere, Continental Resources, and our ethanol plant partners. The company will not use any government funding to construct the project and will pay tens of millions of dollars in local property taxes along the entire route.
According to the federal government, nearly 90% of light-duty vehicle sales in the fourth quarter of 2021 were for vehicles with internal combustion engines. In other words, the overwhelming number of consumers today continue to choose traditional vehicles as opposed to electric, hybrid, or plug in hybrid options. (Read more)
Landowners who currently own property where existing pipelines are in operation have always been able to get insurance and that will continue to be the case in the future, including while the Summit Carbon Solutions project is being constructed and once it is operational.
CO2 and Steel
There are 5,000 miles of carbon dioxide pipelines already in service in the United States that have been operating safely for years. Summit Carbon Solutions will utilize high-strength American steel that is that is externally coated and designed to more than accommodate the anticipated pressure of the material moving through the pipeline. (Read more)
Achieving Net Zero Emissions
Scientists estimate that limiting warming to 1.5 degrees Celsius by 2050 would reduce the odds of initiating the most dangerous and irreversible effects of climate change. In order to stay under that level, carbon capture capacity will need to multiply by more than 125 times over current levels.
Surveys are a critical to determining a route for our project that maximizes safety to the public and environment. There are three types of surveys our team is conducting, each with specific objectives: (Read more)
Ethanol & Agriculture Industry
Ethanol is critical to the Midwest. The industry contributes $50 billion to the gross domestic product of the United States every year, supports 400,000 jobs, and purchases approximately half of all the corn grown in the country. (Read more)
Summit Carbon Solutions’ carbon capture, transportation, and storage project is different from the CO2 line in Mississippi in many respects. For example, our proposed project will compress, transport, and store CO2, which is of high purity, nonexplosive, and nonflammable. The system in Mississippi carried Hydrogen Sulfide, which is flammable and highly toxic.