Carbon management specialist Navigator CO2 has cancelled its 1,300-mile carbon dioxide (CO2) pipeline project that was set to transport and sequester up to 15 million metric tonnes of CO2 per year across five Midwest states.
An official statement released by the company’s CEO, Matt Vining, confirmed that the unpredictable nature of the regulatory and government processes involved, particularly in South Dakota and Iowa, resulted in the cancellation of the project.
Vining described the decision as difficult, and said he is disappointed that the company will not be able to provide its services to customers.
He continued, “I am proud that throughout this endeavour, our team maintained a collaborative, high integrity, and safety-first approach and we thank them for their tireless efforts.”
... to continue reading you must be subscribed