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Summit Carbon Solutions' carbon-capture and storage pipeline in the US Corn Belt is delayed until early 2026, missing its initial completion target of next year. Offshore wind developers are expected to cancel contracts following a decision in New York. Wind-farm developers are lobbying for more tax breaks in the UK. BlackRock-backed Navigator has called off a major CO2 pipeline project in Midwest states, signaling a retreat from carbon capture and storage. Another CO2 pipeline developer has canceled a project due to the unpredictable nature of regulatory and government processes. These setbacks highlight the challenges faced by carbon-capture pipeline projects in the US Midwest.
Navigator CO2 Ventures cancels carbon-capture pipeline project in US Midwest https://t.co/qq3Rm3J6pv https://t.co/gd2xVJHzrQ
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
BlackRock-backed Navigator called off a massive #CO2 #pipeline project in Midwest states, marking a retreat from carbon capture and storage. Re-sharing @climate coverage on disputes over #CCS and the pipelines that would carry CO2 (free to read till 10/26) https://t.co/Scn6zKQsqA
Wind-farm developers are lobbying the UK government to give them more tax breaks https://t.co/I0ssaHDWyB
Offshore wind developers likely to cancel some contracts after NY decision https://t.co/9eWCs4g002 https://t.co/xGukAxo4Z7
Summit Carbon Solutions’ massive carbon-capture and storage pipeline across the US Corn Belt is now expected to start operating in early 2026 — a setback for a project that initially targeted next year for completion. https://t.co/eB4uoUIWYt