South Dakota Utilities Commission says CO2 pipeline fee could be $400,000

The pipeline is the second proposed within the state. Each tasks would pump carbon dioxide to sequestration websites the place it might be buried 1000’s of ft underground. The one earlier than the Public Utilities Fee — proposed by Navigator CO2 — would join ethanol refineries throughout the Nice Plains to a web site in Illinois.

The fee’s employees discovered that it may value over $270,000 to evaluation Navigator CO2’s software, which was submitted final month. Navigator CO2 agreed to overlaying a submitting price of as much as $400,000.

“It must be a top quality analysis and never have that value fall again on the taxpayers,” mentioned Kristen Edwards, a employees legal professional for the fee.

The pipeline tasks, spurred by federal tax credit, promise to assist in the struggle towards local weather change by storing carbon dioxide moderately than letting or not it’s emitted into the ambiance. However environmental activists have additionally identified the know-how has struggled to get off the bottom and permits emission-heavy industries to keep away from taking drastic steps to chop greenhouse gases.

The opposite proposed pipeline, which might be operated by Summit Carbon Options, has confronted opposition from landowners involved about its security. Just lately, nonetheless, the corporate has indicated it nonetheless plans to finish building by 2024. That pipeline would finish in North Dakota’s Oliver and Mercer counties northwest of Bismarck, the place the emissions could be injected and saved underground.