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Agribusiness announces $2 billion project to store captured carbon from ethanol in North Dakota

Agribusiness announces $2 billion project to store captured carbon from ethanol in North Dakota

Barry Amundson of the Grand Forks Herald writes that an Iowa-based agribusiness will construct a $2 billion pipeline network to carry liquified carbon dioxide to underground storage in North Dakota.

The C3 Take
  • The pipeline, which will service 20 ethanol plants, will sequester an estimated 10 million tons of carbon dioxide per year which is equivalent to removing 2 million cars from the road.
  • The construction of the pipeline will create an estimated 8,000-10,000 jobs.
  • The efforts of these ethanol plants show that the free market and agriculture are ready to meaningfully reduce emissions.

“Although final details and permits have yet to be worked out, an Iowa agribusiness company announced plans on Friday, Feb. 19, to build a $2 billion pipeline network that will carry liquefied carbon dioxide from ethanol plants in four states to underground storage in North Dakota.”

Read the full article here.

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