This week the U.S. Department of Energy (DOE) announced an additional $27 million in funding to support the transport of carbon dioxide (CO2) captured from industrial facilities to permanent geologic storage locations. The latest funding brings the total to almost $400 million since January 2021.
“With almost 100 projects nationwide, there are many reasons why three carbon capture and storage (CCS) projects are being developed in Iowa,” says IRFA executive director Monte Shaw. “First and foremost, the largest domestic and export markets for ethanol require low-carbon fuels. In addition, many countries — including the United States — are trying to reduce CO2 levels in the atmosphere. These goals cannot be met without CCS.”
Brad Crabtree, DOE assistant secretary of Fossil Energy and Carbon Management says, “The United States will need to capture and permanently store significant quantities of carbon dioxide emissions in the coming decades to reach the Biden Administration's decarbonization goals. Meeting this challenge requires a substantial scale-up of our transport infrastructure that will not only support our growing carbon management industry but will serve to protect our communities and create good, high-wage jobs across the country.”
“Ironically there are so-called environmental groups in Iowa who oppose CCS,” says Shaw. “They claim to want to address CO2 but oppose one of key tools to do so. They claim to want to promote electric vehicles, but they oppose mining for the necessary battery minerals in the US. They claim to support sustainable aviation fuel (SAF), but they oppose CCS, the key to unlocking the SAF market for farm feedstocks. This is counter to President Biden’s recent call for agriculture to supply 95 percent of SAF feedstocks. It’s hard to take seriously groups who talk so often out of both sides of their mouths. It’s clear they are more interested in destroying Iowa agriculture than in improving the environment.”
For more information, visit www.energy.gov.