Wolf Carbon Solutions is withdrawing its petition to build a 95-mile carbon capture pipeline through eastern Iowa, according to a filing Monday with the Iowa Utilities Commission.
Wolf planned to capture carbon dioxide emissions at Archer Daniel Midland Co. ethanol plants in Cedar Rapids and Clinton, liquefy it under pressure and transport it to Illinois to be sequestered deep underground.
It’s unclear whether the Colorado-based company will reapply, saying in the filing it would “make a determination” once “more certainty exists concerning its plans to proceed.” The company, working in partnership with ADM on the project, didn't immediately respond to a request for comment Monday.It’s the second company to withdraw its petition to build a carbon capture pipeline. Last year, Navigator CO2 Ventures permanently withdrew its plans to build a $3.5 billion carbon capture pipeline after running into regulatory and legislative challenges in Iowa, South Dakota and elsewhere.
Update on Summit -- link here, December 3, 2024:
In contrast, Summit Carbon Solutions is progressing with its $8 billion carbon capture pipeline project across Iowa and four other states. The company, now collaborating with ethanol producers who had previously partnered with Navigator CO2 Ventures, secured regulatory approval for its Iowa pipeline in June and received the green light from North Dakota regulators last month.
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