Let’s review the topics

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 will allow its ethanol plant partners to sell their product at a premium in low carbon fuel standard markets, which will bring dollars back to local communities and shareholders.. (Read more)

Summit Carbon Solutions remains committed to negotiating voluntary easements with landowners. Currently, approximately 1,750 landowners across the Midwest have signed voluntary easements with Summit Carbon Solutions. These voluntary agreements account for 2,800 total tracts of land and more are being signed every day.

In the unlikely scenario Summit sells or transfers an easement, the legal terms mutually agreed upon with the landowner stay in place and govern the permittable use of the right-of-way. Therefore, only a CO2 line with the exact specifications of Summit’s (e.g., one pipe, CO2 product, indemnification) can utilize the easement. This also allows Summit to transfer the easement back to the landowner at the conclusion of the project.

More and more states and countries are considering adopting low carbon fuel standards and that will continue to enhance the economic opportunities for ethanol plants that partner with projects like the one Summit Carbon Solutions is proposing. (Read More)

The Summit Carbon Solutions project will not be used for enhanced oil recovery. The permits we have filed, which specifies exactly what we are requesting from regulators, note clearly that our project is about the permanent sequestration of CO2. (Read more)

Summit Carbon Solutions’ carbon capture, transportation, and storage project is fundamentally different from the CO2 line in Mississippi. Our proposed project will compress, transport, and store CO2 from ethanol plants, which is of high purity, nonexplosive, and nonflammable. (Read more)

Summit Carbon Solutions project will be good for our environment. This carbon capture and storage project will have the capacity to prevent the release of 12 million metric tons of CO2 to the atmosphere every year, or the equivalent of removing the annual CO2 emissions of 2.6 million vehicles from our roads.

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 will lead to significant economic and environmental benefits, while also opening new economic opportunities for ethanol producers and farmers across the Midwest. However, crops, trees, and other plants will still have plenty of CO2 to grow and thrive as they do today.

Following the Dakota Access project, the state of Iowa adopted new and far more stringent requirements around the land restoration involved in new pipeline projects. Some of these new regulations include… (Read more)

In the five states where our project is proposed to operation, there are approximately 173,000 miles of pipeline already in operations today. Landowners who own property where these pipelines operate 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.

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)

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 designed to more than accommodate the anticipated pressure of the material moving through the pipeline.

The global average temperature cannot rise more than 1.5 degrees Celsius if we are to achieve net zero emissions by 2050. As independent, third-party studies have demonstrated, reaching that goal requires significant expansions in carbon capture and storage infrastructure, likely 100 times greater than current capacity.

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)

Summit Carbon Solutions carbon capture and storage project will provide significant benefits to the ethanol industry, farmers, local communities and more. (Read more)