Current:Home > MarketsMajor Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states -Wealth Nexus Pro
Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states
View
Date:2025-04-15 22:47:13
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! (8)
Related
- Trump invites nearly all federal workers to quit now, get paid through September
- Maryland approves settlement in state police discrimination case
- US stocks drop, oil climbs over Iran strike amid escalating Mideast tensions
- How Climate Change Intensified Helene and the Appalachian Floods
- What do we know about the mysterious drones reported flying over New Jersey?
- A Family of Beekeepers Could Lose Their Hives Because of a Massive Pipeline Expansion
- Mariska Hargitay Addresses Potential Taylor Swift Cameo on Law & Order: SVU
- These Are the Biggest Boot Trends You’ll See This Fall 2024
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- North Carolina town that produces quartz needed for tech products is devastated by Helene
Ranking
- The Best Stocking Stuffers Under $25
- Driver fatigue likely led to Arizona crash that killed 2 bicyclists and injured 14, NTSB says
- U.S. port strike may factor into Fed's rate cut decisions
- 'Lord of the Rings: The Rings of Power' Season 2 finale: Release date, time, cast, where to watch
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Takeaways from AP’s report on declining condom use among younger generations
- They came to Asheville for healing. Now, all they see is destruction.
- What is gabapentin? Here's why it's so controversial.
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Army returns remains of 9 Indigenous children who died at boarding school over a century ago
What is the birthstone for October? Hint: There's actually two.
How Climate Change Intensified Helene and the Appalachian Floods
A South Texas lawmaker’s 15
Grandparents found hugging one another after fallen tree killed them in their South Carolina home
Why Jason Kelce Is Jokingly Calling Out Taylor Swift Fans
Opinion: MLB's Pete Rose ban, gambling embrace is hypocritical. It's also the right thing to do.