URBANDALE, Iowa (June 25, 2024) – American Carbon Alliance CEO Tom Buis issued the following statement on the Iowa Utilities Board’s decision to permit the Summit Carbon Solutions CO2 pipeline.
“The Iowa Utilities Board should be commended for handling the pipeline proceedings fairly, transparently, and in accordance with Iowa law.
“This decision was the right one and will be transformative for the ag industry and Iowa’s economy. Capturing Carbon to lower the carbon index to open new markets such as Sustainable Aviation Fuels and higher blends for American consumers is the greatest opportunity for farmers since the buildout of the ethanol industry.
“The Summit Carbon pipeline will lead to increased demand for corn, benefiting farmers and increasing farm income, and stimulating economic activity for ethanol plants and ag-related business. This is a huge win for the future of rural America, for American consumers, and for America’s energy independence. Hopefully other states will also move forward quickly.”
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