The Iowa Utilities Board (IUB) has approved Summit Carbon Solutions base pipeline project that will span around 688 miles and capture and store 12 million tonnes of carbon dioxide (CO2) annually.
Summit Carbon Solutions’ project has seen extensive scrutiny in the US state previously. The IUB carried out an extensive review process over the last 34 months, which was made up of 33 public informational meetings, a public hearing, and a review of around 50,000 pages, among other processes.
Post-review, the IUB unanimously found that Summit Carbon Solutions met the requirements of Iowa Code Chapter 479B and that the pipeline will provide a service that is in the public convenience and necessity.
In reaching its decision, the IUB applied a statutory balancing test, which found the public benefits of the project outweigh the private a public costs with the terms and conditions imposed by the IUB.
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