I have accepted an opportunity to do some Acquisition work on the Summit pipeline in Iowa.
I was doing some analytics and developing strategic observations. Outside of obvious immediate financial gain via an easement, why should the farmer 100 miles away from point source capture care? How does it bring value to the individual landowner?
Here's some insights I found running the #'s:
Better Corn Prices: Iowa’s ethanol industry buys about?57%?of the state’s corn, stabilizing and even boosting corn prices by?$0.15–$0.30 per bushel?statewide (Iowa Renewable Fuels Association, 2023; Iowa State University, CARD, 2022).
Economic Gains & Community Growth: Counties hosting carbon pipelines can see an annual tax revenue increase of?$25–40 million, directly funding roads, schools, hospitals, and emergency services (Summit Carbon Solutions, 2023).
Job Creation & Stability: CO? pipeline projects create around?3,500 construction jobs?and?300–500 permanent local jobs, supporting long-term community stability (Great Plains Institute, 2022).
Market Competitiveness & Sustainability: Carbon capture tech reduces ethanol’s carbon footprint by up to?50%, enabling Iowa producers to tap premium markets (e.g., California’s LCFS), increasing ethanol prices by?$0.20–$0.40 per gallon?(Renewable Fuels Association, 2023).
A Growing Global Carbon Market: Carbon credit markets are projected to hit up to?$100 billion by 2030—not just a fad, but a strategic growth sector benefiting rural economies (McKinsey, 2021).
Carbon pipelines aren’t just about the environment. They represent clear economic benefits, community investment, and market security for Iowa farmers, even those located 100 miles away from ethanol plants.
Sustainability meets profitability.?????
Would love to hear your thoughts :)
#Carbonpipeline
#C02 #Acquisition