Hennen: The CO2 Boom
by Scott Hennen (InForUm) Columnist Scott Hennen writes that North Dakota Gov. Burgum likens the state’s burgeoning CO2 industry to the creation of the Bakken in western North Dakota. — North Dakota Gov. Doug Burgum is excited about a “giant new industry” that is coming to North Dakota: The CO2 industry, which includes enhanced oil recovery and sequestration. He says this new industry will save other major industries, including, “Our base load power coal industry, our ag industry with biofuels, sustainable aviation fuels, ethanol, biodiesel all of which drives up crop prices and land values.”
The governor said those who dismiss the CO2 industry have no interest in retaining the coal, oil and gas, or ag industries, which make up the three biggest industries across the state of North Dakota. Burgum expects a “game changer” because of the amount of capital North Dakota will receive to create a new industry around CO2. He likens the CO2 industry being similar to the creation of the Bakken in western North Dakota.
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” … Currently, there are at least five CCUS projects either operating or in development in North Dakota, including at ethanol facilities run by Red Trail and Blue Flint, the Dakota Gasification Company’s Great Plains Synfuels Plant, Coal Creek Station and Project Tundra at the Milton R. Young Station.”
North Dakota has also laid the foundation for success in its creation of the Clean Sustainable Energy Authority, which is chaired by North Dakota’s Lt. Gov. Brent Sanford. The authority currently has several CO2 projects it is working on. READ MORE
