oakland institute

Iowa is the battle ground where the fate of world’s largest proposed carbon capture and storage pipeline is being decided. Summit Carbon Solutions intends to build a 2,000-mile pipeline to carry CO2 captured from ethanol plants across five states, to eventually inject and store it underground in North Dakota to supposedly reduce carbon emissions. But who truly stands to gain if the pipeline is built? A November 2022 report from the Oakland Institute, The Great Carbon Boondoggle, unmasked the billion-dollar financial interests and high-level political ties driving the project—despite opposition from a large and diverse coalition of Indigenous groups, farmers, and environmentalists.

The promoters of the project have failed to reckon with the evidence exposing carbon capture and storage (CCS) as a false climate solution. CCS projects have systematically overpromised and underdelivered. Despite billions of taxpayer dollars spent on CCS to date, the technology has failed to significantly reduce CO2 emissions, as it has "not been proven feasible or economic at scale." Crucially, the ability to capture and safely contain CO2 permanently underground is a dangerous uncertainty given CO2 must be stored for thousands of years without leaking to effectively reduce emissions.