United Group Insurance

Iowa Utilities Board has approved Summit’s proposed carbon pipeline project

Ag/Outdoor, News

June 25th, 2024 by Ric Hanson

(Radio Iowa) – The Iowa Utilities Board has unanimously approved the proposed route for the Summit Carbon Solutions pipeline, but the company must meet other requirements before construction may begin. All three members of the Iowa Utilities Board agree the public benefits of the project outweigh the private and public costs. That clears the way for Summit to — eventually — use eminent domain authority to force landowners who’ve resisted the project to let the pipeline through their property. The board’s order includes some major caveats before Summit would get to start construction, however.

Summit must get approval from South and North Dakota regulators for its pipeline route in those states, plus approval in North Dakota for the underground site where carbon is to be shipped and stored. In addition, Summit cannot connect the pipeline to ethanol plants in Minnesota and Nebraska until officials in those states OK those moves. The Iowa Utilities Board order requires Summit to get 100 million dollars worth of liability insurance to cover any damages related to construction, operation and maintenance of the pipeline.

Summit Carbon Solutions pipeline route runs 688 miles, through 29 Iowa counties. According to a news release from the company, 75 percent of landowners along the route have signed voluntary easements and the Iowa Utilities Board decision is a significant milestone for the project.