By Caroline Stauffer
Archer-Daniels-Midland Co. said on Tuesday it had signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture and transport carbon dioxide produced at ADM’s ethanol facilities at Clinton and Cedar Rapids, Iowa.
The pipeline is the latest effort by agriculture and energy companies to reduce emissions of planet warming carbon and would test carbon capture technology, a potentially powerful tool to fight climate change that is relatively new and unproven.
ADM said the 350-mile steel pipeline, capable of transporting 12 million tonnes of carbon dioxide per year, would support its decarbonization goals. The carbon would be stored underground at ADM’s sequestration site in Decatur, Illinois, rather than being released into the atmosphere.