Wolf Carbon Solutions has withdrawn plans to develop its 95-mile carbon dioxide (CO2) pipeline in eastern Iowa.
The news comes as the US company filed a withdrawal of a petition for the liquid pipeline permit, which it filed in February 2023.
Called the Mt. Simon Hub, Wolf’s pipeline hopes to capture, compress, and transport up to 12 million tonnes per annum of CO2 via a 280-mile steel pipeline.
The planned pipeline hopes to transport the CO2 to downstream sites in Illinois.