When the Public Utilities Commission nuked their carbon-dioxide pipeline permit application last month, Nebraska-based Navigator CO2 Ventures rebutted rumors that it was giving up on the project to pipe carbon dioxide from ethanol plants in South Dakota to holes in the ground in Illinois.
But yesterday, Navigator sent the strongest signal yet that they are giving up on the project. The prospective pipeliner yesterday told the Illinois Commerce Commission that it wants to withdraw its permit application:
The company’s proposed 1,350-mile pipeline system suffered a setback in South Dakota in September when state regulators denied Navigator a construction permit.
Later that month, the company asked to suspend its permit process in Iowa. At the time, Navigator indicated it would wait for a ruling on its permit in Illinois, which was expected by the end of February 2024.
But the company now says it is “taking time to reassess the route and application.”
“Navigator will withdraw its current application with the intent to reinitiate Illinois permitting, if appropriate, when Navigator’s full evaluation is complete,” the company said in a prepared statement [Jared Strong, “Navigator Pulls Its Pipeline Permit Application in Illinois,” Iowa Capital Dispatch, 2023.10.10].
That leaves Iowa-based Summit Carbon Solutions as the only operator pushing for a CO2 pipeline to cash in on President Biden’s climate-change-fighting tax credits in South Dakota.
Probably gonna wait for US congress to take away state and local governments right of setting setbacks.
This is what happens when “greed-based” Conservatives try to be innovative. If collecting carbon credits for corn farts was viable someone in California would already be doing it.
It is a good fight to have. Do the People Rule or does the “Investment Class” rule. The People are 10-1 underdogs.
https://www.desmoinesregister.com/story/money/business/2023/10/20/navigator-kills-its-carbon-capture-pipeline-in-iowa-other-states-ethanol-poet/71253882007/
Guess it’s over, call it a day
Sorry that it had to end this way
No reason to pretend
We knew it had to end some day, this way
Yes, it’s over, the kids are gone
What’s the use of tryin’ to hang on?
Somewhere we lost the key
So little left for you and me and it’s clear to see
Too Much, Too Little, Too Late to lie again with you
Too Much, Too Little, Too Late to try again with you
We’re in the middle of ending something that we knew
It’s over
Oh, it was over