Summit Carbon Solutions Archives - Agro Spectrum India

Summit Carbon Solutions to drive economic growth across the Midwest

A new study shows that Summit Carbon Solutions’ proposed carbon capture, transportation, and storage project will create jobs, generate new tax revenue for local communities, support local suppliers, and strengthen the Midwest regional economy. Ernst & Young, a global leader in accounting and professional services, conducted the study.

Summit Carbon Solutions has partnered with 32 ethanol plants across the states of Iowa, Minnesota, Nebraska, North Dakota, and South Dakota, to develop the largest carbon capture and storage project in the world. This multi-billion-dollar infrastructure project will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year, while opening critical new markets for ethanol producers and bolstering the bottom line of corn growers.

“From the outset of this project, Summit Carbon Solutions has been committed to driving the future of agriculture by expanding economic opportunities for ethanol producers and by strengthening the marketplace for farmers in the Midwest,” said Jake Ketzner, Summit Carbon Solutions Vice President of Government and Public Affairs. “In addition to those benefits, the latest analysis shows the overwhelmingly positive impact of this multi-billion-dollar private investment, including the creation of thousands of new high-quality jobs, the utilisation of local suppliers and main street businesses, and tens of millions of dollars in new tax revenues that will help local communities fund our roads, hospitals, first responders, and more.”

Summit Carbon Solutions will strengthen the corn market and, by extension, positively impact the economy in all of the counties and communities across the Midwest. The report from Ernst & Young also includes county-level data showing the company’s total investment and the forecast for incremental annual property taxes generated.

April 21, 2022

Summit Carbon Solutions has partnered with 32

Biofuel industry, Environment, Supply Chain

Summit Carbon Solutions partners with NPN to decarbonise ag supply chain

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world

Summit Carbon Solutions has announced a new partnership with Northern Plains Nitrogen (NPN) in its carbon capture and storage project, which is focused on decarbonising the agriculture and biofuels industries.

NPN is developing a world-scale blue ammonia plant near Grand Forks, North Dakota, which will supply a range of low carbon nitrogen-based fertilizer products to farmers in under-served markets in the northern United States and Canada. The project site has been acquired and necessary permits have been received to begin site work.

Summit Carbon Solutions is developing the largest carbon capture and storage project in the world, which will have the capacity to capture and permanently store 12 million tons of carbon dioxide every year.

“NPN and Summit Carbon Solutions share the same goal of lowering the carbon footprint of agriculture while supporting farmers,” said Jim Pirolli, Chief Commercial Officer of Summit Carbon Solutions.

NPN will capture 500,000 tons per year of carbon dioxide emissions, which Summit Carbon Solutions will transport and store permanently in central North Dakota.

North Dakota Governor Doug Burgum said, “As the first state in the nation to achieve primacy over carbon capture permitting, North Dakota is well-positioned to lead the nation in carbon capture, utilisation and storage. We’re grateful for this investment by Northern Plains Nitrogen and Summit Carbon Solutions as we seek to grow our agriculture, energy and bio-fuels industries with environmental stewardship and positive economic impact for generations to come.”

January 11, 2022

Summit Carbon Solutions is developing the largest