SOURCE: Congressional Budget Office
January 3, 2024
BY Erin Voegele
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Summit Carbon Solutions and Infinium, a leading electrofuels (eFuels) producer, have entered an arrangement for the supply of up to 670,000 metric tons of CO2 annually at a proposed eFuels facility in North Dakota or South Dakota.
Summit Carbon Solutions has filed a legal action to ensure a fair and transparent process for the South Dakota PUC review of its pipeline permit. The company has asked the court to prevent one of the commissioners from participating in the decision.
Representatives of the U.S. biofuels and bioenergy industries are among more than 160 companies, trade groups, labor unions and policy organizations that are calling on federal lawmakers to maintain support for the 45Q tax credit.
A bill introduced in the North Dakota Senate aims to create a low-carbon fuels fund that would help the state’s ethanol producers lower the CI of the fuel they produce, increasing local demand for corn and helping producers access SAF markets.
The South Dakota House of Representatives on Jan. 27 voted 49 to 19 to approve a bill that would prevent the use of eminent domain for the development of CO2 pipelines, in a move opponents say will cause economic harm to the state.