WASHINGTON – U.S. Senator Kevin Cramer, member of the Senate Environment and Public Works Committee, issued the following statement on the announcement of Continental Resources investing $250 million in Summit Carbon Solutions’ pipeline project at an ethanol plant in Casselton, North Dakota. This project stands to become the largest carbon capture pipeline in the world.
“Congratulations to Summit Carbon Solutions, Continental Resources, and North Dakota on leading the nation in the development of carbon capture and utilization solutions. Our state shows energy development and environmental stewardship are not mutually exclusive. Once again North Dakota’s excellence and ingenuity is surpassing the mediocrity of Federal bureaucracy,” said Senator Cramer.
Summit Carbon Solutions is partnering with 31 ethanol plants across Iowa, Minnesota, Nebraska, North Dakota, and South Dakota. Carbon dioxide from the ethanol plants will be captured and transported via a 2,000-mile pipeline network to North Dakota, where it will be permanently and safely stored underground.
Background
Senator Cramer recently met with Continental Resources Chairman Harold Hamm where they discussed carbon capture and the 45Q tax credit.
Summit Carbon Solutions presented at Senator Cramer’s “Bully Pulpit” speaker series in November with Bank of America CEO Brian Moynihan. “The Bully Pulpit” is a new speakers series designed to host a variety of influential public and business leaders in North Dakota to hear from constituents and share their expertise in a format designed for constructive discussions.