Current:Home > reviewsPoinbank:Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states -Profound Wealth Insights
Poinbank:Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states
Chainkeen View
Date:2025-04-10 23:13:21
OMAHA,Poinbank Neb. (AP) — Navigator CO2 Ventures announced Tuesday that it is putting on hold one of the two biggest proposed carbon dioxide pipeline projects in the Midwest so it can reassess the project.
The company withdrew its application for a key permit in Illinois and said it it was putting all its permit applications on hold. The decision comes after South Dakota regulators last month denied a permit.
The proposed 1,300-mile (2,092-kilometer) project would carry planet-warming carbon dioxide emissions from more than 20 industrial plants across South Dakota, Nebraska, Iowa, Minnesota and Illinois. The Illinois permit is crucial because that’s where the company planned to store the carbon dioxide underground.
“As is consistent with our recent filings in neighboring jurisdictions, Navigator will be taking time to reassess the route and application,” the company said in a statement.
Navigator said it is not abandoning the project. It plans to reapply for permits where appropriate after completing its evaluation.
Opponents cheered the news that the project is being put on hold, and promised to keep fighting when the company reapplies. Opponents had organized landowners who were concerned about the project.
“When you organize the families most at-risk of eminent domain, you can stop a pipeline,” said Jane Kleeb with the Nebraska-based Bold Alliance that also fought against the ill-fated Keystone XL oil pipeline. “This is a core lesson we have learned over the years, as pipeline corporations try to bully hard-working Americans into giving up their land for corporate greed.”
Proposed pipelines in the region would use carbon capture technology that supporters believe would combat climate change. Opponents question its effectiveness at scale and the need for potentially huge investments over cheaper renewable energy sources. New federal tax incentives and billions of dollars from Congress toward carbon capture efforts have made such projects lucrative.
Summit Carbon Solutions is behind the biggest proposed carbon dioxide pipeline in the area. It is pressing forward with its plans despite regulatory setbacks in the Dakotas. North Dakota agreed to reconsider its denial of a permit for the $5.5 billion, 2,000-mile (3,220-kilometer) pipeline that would cross five states, and Summit is reapplying in South Dakota. A separate hearing on that project in Iowa started in August. And Minnesota regulators plan to conduct a detailed environmental review of the project.
The Summit pipeline would carry carbon dioxide emissions from more than 30 ethanol plants in Iowa, Minnesota, Nebraska, North Dakota and South Dakota. The emissions would be buried in North Dakota.
veryGood! (31)
Related
- Sonya Massey's father decries possible release of former deputy charged with her death
- How Nick Carter Is Healing One Year After Brother Aaron Carter's Death
- Live updates | Palestinians report Israeli airstrikes overnight, including in southern Gaza
- Illinois city tickets reporter for asking too many questions, in latest First Amendment dustup
- Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
- Matthew Perry Foundation Launched In His Honor to Help Others Struggling With Addiction
- Employee at Wendy's in Kentucky saves customer's life, credits CPR for life-saving action
- German club Mainz terminates Anwar El Ghazi’s contract over social media posts on Israel-Hamas war
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Taliban appeal to Afghan private sector to help those fleeing Pakistan’s mass deportation drive
Ranking
- 'Most Whopper
- Former Guinea dictator Camara, 2 others escape from prison in a jailbreak, justice minister says
- After raid on fundraiser’s home, NYC mayor says he has no knowledge of ‘foreign money’ in campaign
- Starbucks holiday menu 2023: Here's what to know about new cups, drinks, coffee, food
- Sonya Massey's father decries possible release of former deputy charged with her death
- An Indianapolis student is fatally shot outside a high school
- Selling Sunset's Bre Tiesi Reveals Where Her Relationship With Nick Cannon Really Stands
- Mariah Carey sued again on accusations that she stole 'All I Want for Christmas Is You'
Recommendation
The White House is cracking down on overdraft fees
No police investigation for husband of Norway’s ex-prime minister over stock trades
Oregon must get criminal defendants attorneys within 7 days or release them from jail, judge says
Indiana AG Rokita reprimanded for comments on doctor who provided 10-year-old rape victim's abortion
RFK Jr. grilled again about moving to California while listing New York address on ballot petition
2nd of four men who escaped from a central Georgia jail has been caught, sheriff’s office says
Escondido police shoot and kill man who fired gun at them during chase
Beloved Russian singer who criticized Ukraine war returns home. The church calls for her apology