ACE Explores Ethanol’s Expanding Role in Carbon Market

August 19, 2022

Print This Article Share it With Friends

by Cindy Zimmerman (Energy.AgWired.com) As Congress was passing sweeping legislation last week with provisions targeted on reducing greenhouse gas emissions, the American Coalition for Ethanol was holding its annual conference focused on ethanol’s role in turning down carbon intensity.

ACE CEO Brian Jennings says the Inflation Reduction Act “recognizes the role farmers and biofuel producers can play in reducing greenhouse gas emissions and validates the work ACE has put forth to position corn ethanol as a meaningful part of the climate solution.”

Among several sessions focused on carbon reduction, the final panel at the ACE conference offered more insight into the world of carbon sequestration strategies to achieve GHG reductions and provide significant return on investment for low carbon producers.

ACE Board Member and farmer Ron Alverson moderated the panel with Jim Pirolli, Chief Commercial Officer, Summit Carbon Solutions and Scott Rennie, CEO, Vault 44.01. READ MORE includes AUDIO

Ethanol industry seeks carbon capture solution (Tri-State Livestock News)

Carbon capture will ensure resiliency for ethanol (Daily Nonpareil)

Excerpt from Tri-State Livestock News:

•Summit Carbon Solutions plans to build 2,000 miles of pipeline for a new carbon capture and storage project which will reduce the carbon footprint of thirty-two ethanol plants in Iowa, South Dakota, North Dakota, Nebraska and Minnesota.

•Seven of those ethanol facilities are in South Dakota. Carbon dioxide will be captured at the facilities, compressed and fed into the pipeline. It will be carried to North Dakota, where it will be stored 6,500 feet underground in saline caverns.

•Summit’s infrastructure will be capable of storing twelve million tons of CO2 a year, equivalent to taking 2.6 million cars off the road in a year.

•It is estimated the project will cost $4.5 billion to build the pipeline.

•The project will put ethanol produced at these 32 partner facilities on track to produce a net zero carbon fuel by 2030. READ MORE