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Navigator CO₂, a company backed by BlackRock, has abandoned plans to build a 1,300-mile pipeline across the US Midwest to collect and store carbon emissions from the corn industry. The cancellation comes after widespread opposition and the company citing the unpredictable nature of regulatory and government processes. This decision highlights the challenges faced by carbon capture pipeline developers in navigating regulatory hurdles and community resistance.
Carbon capture pipeline nixed after widespread opposition Navigator CO₂ says regulatory hurdles are too much to overcome. A company backed by BlackRock has abandoned plans to build a 1,300-mile pipeline across the US Midwest to collect and store carbon emissions from the corn… https://t.co/pxUMGZ0HQ7
Carbon capture pipeline nixed after widespread opposition https://t.co/7hzX9VRLqJ
A CO2 pipeline developer just canceled a project citing the "unpredictable nature of the regulatory and government processes." Read our August story about how communities have played a role in turning up the heat on the future of carbon-capture pipelines https://t.co/fVmDiXTBVz
Right now, and from the start, carbon markets have been all grift and bullshit. Purging is a heavy lift, vital … but, heavy. “Un-grifting carbon offsetting markets…carbon [markets have] to be purged of bullshit” https://t.co/4w05So76od
“We have a virtually limitless supply of natural gas in this country, particularly in Appalachia, and we have an incredible ability to ramp up production quickly, but we are blocking pipeline after pipeline.” With @HouseSmallBiz https://t.co/c9nHQvIzR6