Continental Resources Inc. is investing in a pipeline to capture and then transport carbon from ethanol plants across the Midwest to a sequestration project in North Dakota.

The Oklahoma City-based independent will invest $250 million in Summit Carbon Solutions’ project to capture carbon dioxide (CO2) from ethanol plants and other industrial sources in Iowa, Nebraska, Minnesota, North Dakota and South Dakota. The CO2 will be aggregated and transported to North Dakota via pipeline, where it will be sequestered in geologic formations.

Continental Resources CEO Bill Berry said, “Carbon capture will play an integral role in helping reduce global emissions, and we believe Summit Carbon Solutions has the most capital efficient project to further this goal.”

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