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The CEO of Navigator CO2 Ventures announced Friday that the company will abandon the project, citing "unpredictable" regulatory and government processes, especially in Iowa and South Dakota.
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It was the first day of testimony before the Iowa Utilities Board, which will decide whether to approve the pipeline route and Summit’s use of eminent domain.
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The attorneys general of Iowa and Nebraska filed a lawsuit on Monday claiming the EPA has not responded to their request with five other Midwestern governors to make E-15 fuel available year-round.
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In an effort to reach zero carbon emissions by 2050, the Biden administration is offering more tax credits for carbon capture sequestration and utilization. The program once expected to cost $3.2 billion now could exceed $100 billion.
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Three companies are proposing pipelines across the Midwest that would carry carbon dioxide captured from ethanol plants to underground sequestration sites. The plan is to inject the CO2 deep into rock formations under Illinois and North Dakota, but some landowners are pushing back.
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When a group of Midwestern Republicans went marching this week into the office of House Speaker Kevin McCarthy, it wasn’t spending cuts they wanted to talk about. They were on a mission to preserve billions of dollars in federal support for biofuels and ethanol.
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The EPA is allowing gasoline with 15% ethanol to be sold at the pump for the summer months, a move to give Americans financial relief, the agency says. Iowa is the top ethanol-producing state in the U.S.
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Three companies want to capture carbon dioxide from Midwestern ethanol plants, transport it by pipeline and store it underground. Many in the ethanol industry claim it’s essential to the industry’s survival. Environmentalists and even farmers argue the pipelines are a boon for the industry — not a real solution for climate change.
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Gov. Kim Reynolds signed two laws that ban transgender kids in Iowa from getting gender-affirming medical care and from using school bathrooms that align with their gender identity.
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The Iowa House of Representatives passed a bill Wednesday that would ban the use of eminent domain for carbon capture pipelines unless 90% of the route is first acquired through voluntary land sales.