Absolute Energy joins Summit Carbon Solutions CCS project
Summary
Summit Carbon Solutions is pleased to announce a new partnership with Absolute Energy, an ethanol plant located in Saint Ansgar, Iowa. “Absolute Energy shares our aspiration to fortify the long-term sustainability and prosperity of U.S. agriculture by championing a decarbonized supply chain for their ethanol. Their relentless pursuit of excellence, high yields, and operational efficiency aligns precisely with our mission.” “It fills us with a sense of purpose and satisfaction to team up with Summit on this critical mission of carbon capture and storage,” said Rick Schwarck, CEO of Absolute Energy. “The strategic placement of our Absolute Energy facility in Saint Ansgar, Iowa, coupled with our earnest endeavor to curtail greenhouse gas emissions, finds a parallel mission with Summit Carbon Solutions. We eagerly anticipate joining forces with Summit to meet our environmental sustainability goals.” Summit’s partnership with Absolute Energy will result in the removal and permanent storage of 370,000 metric tons of CO2 per year and builds on recent momentum, including a new partnership with NuGen Energy, a South Dakota producer, and having successfully acquired 70 percent of its pipeline route through voluntary easements with nearly 2,500 landowners.