North Dakota
Governor Doug Burgum: carbon sequestration would add $70B to North Dakota tax revenues
(Fargo, ND) — North Dakota Governor Doug Burgum continues to tout what he calls the benefits of carbon sequestration.
“I was up at the University of North Dakota at the Environmental Energy Research Center. I think the graph they had up there said that carbon sequestration and enhanced oil recovery would add 70 billion dollars of tax revenue to North Dakota over the coming decades, tax revenue. Think of the legacy fund we could build with that,” said Burgum.
Burgum is a vocal backer of the plan by Summit Carbon Solutions to build an underground pipeline spanning five Midwestern states.
The pipeline would be used to transfer liquid carbon waste to an underground storage site near Bismarck.
Opponents are expressing concerns about potential environmental impacts and property rights.
Burgum made the comments while appearing on The Flag’s “What’s on Your Mind”.