Latest News
South Dakota PUC Hearing Update
As you may know, there have been recent hearings across the Midwest related to the CO2 projects in development. This week, in South Dakota, Summit Carbon Solution's carbon capture project was delayed based on a decision by the Public Utilities Commission. This decision was not on the merits of the Summit project but instead was dismissed based on the changing regulations on the county level. Summit has already announced plans to rework the plan, refile, and continue to move forward with the project in South Dakota. In a statement, Summit emphasized its commitment to "South Dakotans and the state’s ethanol and sustainable-aviation-fuel industries." To date, Summit has gained voluntary easements from nearly 75% of landowners along the route. Additionally, they are partnering with nine biorefineries in South Dakota. Summit continues to [...]
Carbon Capture Solutions Continue to Build Support Across South Dakota
Securing 70% voluntary easements for the active route, the company is significantly contributing to the projected $6 billion annual economic impact of carbon capture in South Dakota. In a late June announcement, Summit Carbon Solutions noted they have reached a major milestone in voluntary easements, signing 70 percent of the route in South Dakota and project wide, while continuing to partner with more landowners every day. These partnerships represent an overwhelming majority of landowners who understand the company’s commitment to protecting the economic viability of key South Dakota industries through providing decarbonization solutions. “We are proud to work with so many landowners who see the priority we are putting on farmers and their unique needs throughout the lifecycle of the pipeline.” said CEO Lee Blank. “We’re dedicated to favorable easements [...]
Ethanol CEO: “One Can’t be For Ethanol and Be Against Carbon Capture at the Same Time
Onida, South Dakota-based Ringneck Energy “produces renewable energy that adds value to grain and livestock production, enhances the income” of its “investor partners” and “provides a safe and rewarding work environment that creates economic opportunities for the community.” The company’s CEO Walt Wendland recently took to the DakotaWarCollege. com blog to offer his perspective regarding the importance of carbon capture and sequestration projects to South Dakota. In his piece, Wendland wrote that the South Dakota legislature should not be considering “changing decades old policies to pick and choose which projects should have the right to use eminent domain.” An excerpt from his commentary is below. “The proposed Carbon Capture pipelines are common carriers under the law. They are transportation entities which have contracted with others to transport goods for a [...]
2022 Report: Ethanol More Important Than Ever to Agriculture & Economy
Originally published in the Summer 2023 edition of Tomorrow’s Market The ethanol industry’s contribution to the U.S. economy increased in 2022 as production volumes continued to recover from COVID pandemic levels and producers received higher prices for ethanol and co-products like distiller grains and corn oil, according to an analysis conducted for the Renewable Fuels Association by ABF Economics. In 2022, more than 78,800 U.S. jobs were directly associated with the ethanol industry, with an additional 342,800 indirect and induced jobs supported across all sectors of the economy. The industry created $34.8 billion in household income and contributed just over $57 billion to the nation’s gross domestic product—the second-highest GDP contribution ever. The jobs, GDP, and household income values exhibited significant increases from 2021 levels. “The U.S. ethanol industry continues [...]
David Owen: Carbon Capture, Sequestration Projects Vital to South Dakota’s Future
By David Owen, President of the South Dakota Chamber of Commerce & Industry (Originally published in the Summer 2023 edition of Tomorrow’s Market) The multi-billion-dollar Summit Carbon Solutions CCS (carbon capture and sequestration) pipeline represents the future potential of agriculture, energy and ethanol in our state, along with prosperity of the businesses, communities and families that depend on them. This groundbreaking project will traverse 2,000 miles across Iowa, Minnesota, North Dakota, South Dakota and Nebraska. The project, if approved, will spur tremendous economic growth in South Dakota, according to an analysis from the accounting firm Ernst & Young. During the construction phase, total South Dakota investment is expected to reach $795 million; total labor income in South Dakota is estimated at $440 million; and state and local taxes paid by [...]
In the News (Via The Dakota Scout): POINT: Carbon capture, sequestration projects vital to South Dakota’s future
The multi-billion-dollar Summit Carbon Solutions CCS (carbon capture and sequestration) pipeline represents the future potential of agriculture, energy and ethanol in our state, along with prosperity of the businesses, communities and families that depend on them. This groundbreaking project will traverse 2,000 miles across Iowa, Minnesota, North Dakota, South Dakota and Nebraska. (Read More)
In the News (via Siouxland News): “Along the Route: Lincolnway Energy. Ready for partnership with Summit Carbon Solutions”
Built among the farm fields of central Iowa between Ames and Nevada, sits Lincolnway Energy. This ethanol plant has a big plan for the future. Lincolnway Energy, which began operations in 2006 and produces upwards of 90 million gallons of ethanol a year, is one of more than two dozen producers who have partnered with Summit Carbon Solutions to capture and sequester their CO2 emissions, providing another financial touch-point for farmers. "We're excited to partner up with Summit," said Chris Cleveland, plant manager at Lincolnway Energy. "I think it's growth. I think it's job security because this is going to let us sequester CO2 into the pipeline. (It's) a future for ethanol producers, a future for our farmers and our markets." Click here to read the full article.
Siouxland News: “Along the Route: Northwest Iowa farmer ready for partnership with carbon pipelines”
Kelly Nieuwenhuis, a long-time farmer in Iowa, participated in an interview to share his insight on the biofuels industry and how carbon capture pipelines are the future. He's been part of the biofuels industry for years and has watched it grow and evolve with a changing market. "I've been involved in the biofuels industry for 20 years," he told me on a visit to his farm. "And the last 10 years I've been involved in the industry and definitely focused on carbon in tax reductions or carbon intensity reductions." Farming in O'Brien County, Iowa, he's one of several landowners who have proposed carbon capture pipelines mapped for their property and he's already on board. Overall, Nieuwenhuis sees carbon capture as the next major step forward for the ag industry. "It just came [...]
Iowa Corn Growers Association Chairman Lance Lillibridge: “Carbon Capture Will Help Iowa Lead on Growing Its Own Energy”
Lance Lillibridge, a rural Vinton, Iowa farmer and chairman of the Iowa Corn Growers Association, wrote a powerful guest column for the N’West Iowa Review regarding the transformative nature of carbon capture projects for Iowa’s agricultural future. “Renewable energy from corn is loaded with benefits. Over 4,000 products come from corn. Now with the production of ethanol comes greenhouse gas (GHGs).The fermentation process creates this. The same thing happens naturally when plant material breaks down. As the world decides to decarbonize, one very efficient way to do that is through carbon-capture technology at ethanol plants. As purchasers around the globe and here domestically look at buying energy that has a low carbon index score, ethanol has the potential to be unbeatable with this technology and the farming practices that provide the feed [...]
Charles City Area Development Corporation Board Member Paul Rottinghaus: “Majority of Affected Landowners Approve of CO2 Transport pipelines”
Paul Rottinghaus, a board member of the Charles City Area Development Corporation, set the record straight in a recent (subscription only) letter to the editor in the Charles City Press. Rottinghaus wrote: I am writing as a Floyd County taxpayer and as an interested party representing the county as a board member of the Charles City Area Development Corporation, speaking personally. I think it is my responsibility to speak up and let my voice be heard relating to Floyd County’s opposition to the construction of the CO2 pipelines. I made some of these points at the supervisors meeting during which the decision to employ the Des Moines law firm was made. There is a vocal and organized opposition to the project by some landowners and I appreciate that this will impact their [...]
Des Moines Register: “Iowa Farmers Face $1 Billion-a-Year Hit to Income Without Carbon Pipelines, Report Says”
"Iowa farmers could lose about $1 billion in annual farm income if carbon capture pipelines aren't built to ensure the state's largely corn-based ethanol will remain viable as the country seeks to slow down climate change, says the second part of an industry-backed report," the Des Moines Register reported. "Iowa is the nation's largest producer of both corn and ethanol. A 75% estimated loss in ethanol production if the pipelines aren't built would force the state's growers to ship about 44% of their crop outside of the state, primarily to neighboring ethanol-producing states Minnesota, Nebraska and South Dakota, says the report. … The association released the second report as lawmakers are expected to consider legislation that would make it harder for the three companies proposing pipelines, Summit Carbon Solutions, Navigator CO2 [...]
Follow the Money: Friends of the Earth
Friends of the Earth is no friend to America’s farmers and ethanol producers. The radical organization argues that ethanol is responsible for “increasing the cost of food, harming consumers, and wasting taxpayer money. Corn ethanol is neither environmentally nor socially sustainable and cannot be a part of any clean energy future.” Furthermore, the group opposes the Biden administration’s biofuels mandate, despite the mandate’s strong support of farmers and ethanol producers. FOE attacks the mandate as “a toxic plan directly at odds with the Biden Administration’s commitment to Environmental Justice.” Perhaps it should come as no surprise then that Energy Foundation China has provided $1,155,000 in grants to Friends of the Earth since 2003. Energy Foundation China has praised the communist Chinese government for its “efforts to achieve modernization by upgrading its economy and [...]