CapCO2 Solutions and Adkins Energy LLC, based in Lena, Illinois, will partner for a project to test technology that would capture CO2 at the plant, combine it with hydrogen and turn it into green methanol -- a desirable renewable fuel.
“We continue to believe that embracing new opportunities and markets will prove to be incredibly beneficial for Iowa agriculture,” entrepreneur Bruce Rastetter says.
Members of Iowa’s delegation stood their fertile ground, ultimately persuading their party’s leaders to yield so the members could support the bill.
A train hauling ethanol and corn syrup derailed and caught fire in Minnesota early Thursday and nearby residents were ordered to evacuate their homes, authorities said.
CapCO2 plans to have a pilot project by this summer to test a system that would capture CO2 from ethanol plants, combine it with hydrogen and turn it into green methanol -- a highly-sought renewable fuel.
Recent polling has shown nearly 80 percent of Iowans oppose the use of eminent domain for CO2 pipelines. But the issue has divided Iowa lawmakers from both parties who are trying to balance competing interests of protecting landowners’ property rights and also protecting the future of Iowa’s ag economy.
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If Iowa lawmakers pass legislation blocking carbon dioxide pipelines, the pipelines still will move forward in other states, leaving Iowa out of a tax credit gold rush and forcing Iowa farmers to ship their corn out of state, according to the Iowa Renewable Fuels Association.
Iowa schools would have fewer requirements on what they teach and how they provide instruction under a bill the Iowa Senate passed Tuesday.
Under the Environmental Protection Agency proposal outlined Wednesday, the change would start by the 2024 summer driving season, with effects rippling across the fuel supply chain, from refineries to filling stations.
Wolf Carbon Solutions will not use eminent domain to build a 280-mile carbon dioxide pipeline through eastern Iowa, according to the company’s permit application filed Thursday with the Iowa Utilities Board.
Iowa could lose 75 percent of its 42 ethanol plants — with cascading harm to the corn industry — without carbon dioxide pipelines proposed for the state, according to a study commissioned by the Iowa Renewable Fuels Association.
Iowa's congressional delegation joined bipartisan lawmakers from Midwestern states in a letter calling on the Biden administration to permit the sale of higher ethanol fuel blends year-round.
Five bills introduced by Sen. Jeff Taylor, a Sioux Center Republican, would curtail eminent domain opportunities for hazardous liquid pipeline companies, limit their ability to conduct land surveys and negotiate easements for that land and require them to identify their investors.
The industry is an important market for Iowa farmers: More than half of the state’s corn is used to produce ethanol.
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