Current:Home > reviewsMajor Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states -Horizon Finance School
Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states
View
Date:2025-04-18 02:26:49
OMAHA, 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! (15)
Related
- South Korean president's party divided over defiant martial law speech
- New York’s Chronically Underfunded Parks Department Is Losing the Fight Against Invasive Species, Disrepair and Climate Change
- From Amazon to the Postal Service, how to score returned and unclaimed merchandise
- Christian Pulisic scores early goal in USMNT's Copa America opener vs. Bolivia
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Taylor Swift's Mom Andrea Reacts to Live Debut of thanK you aIMee at London Concert
- My Favorite SKIMS Drops This Month: Curve-Enhancing Leggings, Plunge Bras for Natural Cleavage & More
- Jonathan Majors cries while accepting Perseverance Award months after assault conviction
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Trump campaign bets big on Minnesota, Virginia with new field offices
Ranking
- Federal hiring is about to get the Trump treatment
- Former Texas A&M star Darren Lewis dies at age 55 from cancer
- My day at the ballpark with Mr. and Mrs. Met, the first family of MLB mascots
- 1 dead, 7 injured in Dayton, Ohio shooting, police asking public for help: reports
- Could your smelly farts help science?
- Horoscopes Today, June 22, 2024
- Elon Musk and Shivon Zilis Privately Welcomed Their Third Baby Together
- Packers to name Ed Policy as new president and CEO, replacing retiring Mark Murphy
Recommendation
Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
Why Reggie Jackson's powerful remarks on racism still resonate today
‘Inside Out 2' scores $100M in its second weekend, setting records
Pictures show summer solstice 2024 at Stonehenge
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Gunmen kill 15 police officers and several civilians in Russia’s southern Dagestan region
New York’s Chronically Underfunded Parks Department Is Losing the Fight Against Invasive Species, Disrepair and Climate Change
USMNT vs. Bolivia Copa America updates: Christian Pulisic scores goal early