Transcription of SUMMIT CARBON SOLUTIONS
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SUMMIT CARBON SOLUTIONSF iled with the Iowa Utilities Board on September 1, 2021, HLP-2021-0001 AgendaCOMPANY VIDEOMIDWEST CARBON EXPRESS OVERVIEWENHANCING THE ETHANOL INDUSTRYPROJECT LOCATION AND PARTNER FACILITIESIOWA PROJECT MAPSTORY COUNTY PROJECT MAPECONOMIC BENEFITSENVIRONMENTAL BENEFITSCOMMITMENT TO SAFETYOUR COMMITMENT TO LANDOWNERSCOMPENSATION FOR LANDOWNERSCROP LOSS COMPENSATIONDRAINAGE TILEPROJECTED PROJECT TIMELINESUMMIT CARBON SOLUTIONS WAS FORMED IN 2020, HEADQUARTERED IN AMES, IOWAINVESTING $ BILLION TO CREATE WORLDS LARGEST CARBON CAPTURE & STORAGE PROJECTTHE PROJECT IS REFERRED TO AS THE MIDWEST CARBON EXPRESSFOUNDED & SPONSORED BY: 2 Filed with the Iowa Utilities Board on September 1, 2021, HLP-2021-00013 SUMMIT CARBON SOLUTIONS - VideoFiled with the Iowa Utilities Board on September 1, 2021, HLP-2021-00014 Midwest CARBON Express OverviewAt our 31 partner ethanol plants, SUMMIT CARBON SOLUTIONS will install new, state-of-the-art infrastructure CO2 Step 1 Step 2 Step 3 CARBON dioxide is captured that otherwise would be emitted into the captured greenhouse gases are compressed and moved through a newly constructed pipeline at the injection site in North Dakota where it will be permanently and safely stored in deep underground geologic with the Iowa Utilities Board on September 1, 2021, HLP-2021-00015 Enhancing the Long-Term Profitability of Ethanol & AgricultureSCS enables ethanol to be produced more sustainably allow
Crop Loss Compensation. Summit Carbon Solutions will pay landowners for losses to crops planted prior to construction or if a crop normally would have been planted prior to the finish of construction. Compensation figures will be based on the prevailing market price index by crop type or in accordance with any prearranged purchase agreements and
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