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Why Alto Ingredients Stock Crashed After Earnings

Why Alto Ingredients Stock Crashed After Earnings
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Carbon Connector: The Summit Carbon Solutions Pipeline – Advanced BioFuels USA

by Lisa Gibson (Ethanol Producer Magazine) The Summit Carbon Solutions’ pipeline, a visionary multi-billion dollar project in the making representing about 15% of the U.S. ethanol industry, will allow producers to permanently sequester their carbon dioxide and cut their CI scores in half. Stretching across five states and collecting carbon dioxide from 30 ethanol plants for long-term underground sequestration, the $4.5 billion Summit Carbon Solutions pipeline project is the largest capture and storage project in the world. With a target completion date three years out, engineering and design work is underway, says Justin Kirchhoff, president of Summit Ag Investors with Summit Agricultural Group, Summit Carbon Solutions’ parent company.

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