REGIONAL—Public watchdogs say that Summit Carbon Solutions has not provided enough evidence that its carbon dioxide pipeline is safe in a filing with the Iowa Utilities Board.
REGIONAL—Carbon capture is a dubious solution to climate change, policy researchers say, calling into question the necessity for carbon dioxide pipelines planned to dig through Iowa farmland.
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iStock: photosbyjim Higher corn prices are roiling the U.S. ethanol industry, but the full impact of the corn price spike might not be felt for weeks. The Renewable Fuels Association (RFA) recently estimated that about two dozen of the 200 ethanol plants in the U.S. are idled and another two dozen have reduced their production rates. Additionally, Scott Richman, chief economist for the RFA, noted, “The corn market started moving higher a month ago and has spiked over the past couple of days.” With the higher prices of corn and the worsening impact of the pandemic on fuel consumption, ethanol plant margins turned negative in early December, he said, and had recently started to return to break-even levels when the most recent corn price spike hit. “This latest move in the corn rally will likely have a negative impact on margins,” he stated.